Cao Mo has been abroad all the year round, and he really doesn't know much about new energy vehicles.

As the most prosperous financial capital in China, Xinhai still has no concept of new energy vehicles in the minds of ordinary citizens, at least during Cao Mo's return to China, he has no contact with information about new energy vehicles in his daily life, let alone during his stay in Africa.

Of course, Xu Bin, Huang Yijiang, Gu Fan, and Xu Aihua are no strangers to this information.

China's economy has taken off for two or three decades and has made great achievements, but the foundation of high-tech fields is weak, and it is not easy to compare with developed countries such as Europe and the United States.

However, China is not without plans and arrangements to catch up in the field of high-end technology development and academic research in various countries.

In the field of new energy vehicles, although the general public class has not been exposed to the relevant information, the Xinhai Science and Technology Bureau included the "practical research and development of power lithium-ion battery systems for automobiles" into the list of "breakthrough projects in key areas" in the fourth year.

The Automotive Power Engineering Laboratory of Xinhai University, which Zheng Xiaoyuan was in charge of, undertook this project and developed practical technology in 07 years.

On the basis of this technology, the relevant team established New Energy Power Technology Co., Ltd. with the support of the Xinhai Municipal Government.

In addition to this, other domestic research institutions and enterprises have also made breakthroughs in some related technologies in recent years - these technologies may still have a big gap with the most cutting-edge foreign ones in this field, but they have also laid a certain foundation.

In the second half of this year, China has also taken the opportunity of the Olympic Games to start promoting new energy vehicles in the form of policy support and financial subsidies, but because the influence of the early stage has not yet been spread, Cao Mo has not noticed the short time he stayed in China.

The development of foreign automobile industry is nearly 100 years earlier than that of China, and there is a mature and huge market that continues to feed back and nourish, and the traditional automobile manufacturing, the accumulation of technology, brand and market of foreign car manufacturers are much deeper than those of domestic car companies.

Medium and low-end cars, the technology is relatively open, Tianyue industry can even buy a full set of technology to digest, but in the domestic automobile manufacturing industry chain is increasingly perfect, the quality is more and more stable this year, high-end passenger cars and international manufacturers are still difficult to compare.

High-end means that every detail must be perfect, which means that every detail should be the most advanced, stable and reliable technology; Tianyue Industry wants to have the ability to compete with the world's first-class car companies in the field of medium and high-end passenger cars, and it is definitely not possible to achieve it with three or five billion yuan of technology investment.

However, in the field of pure electric passenger cars, the time for world-class car companies to enter and really pay attention to it is not a few years earlier than in China, and even many internationally renowned car companies have not yet carried out research and development of related technologies, which means that in this field, domestic car companies have the opportunity to overtake in corners.

Domestic related industrial support, the end of the industrial chain is increasingly perfect, whether it is a car maker, Tianyue industry, on the basis of this industrial chain, the development threshold of vehicle technology is much lower than imagined.

Of course, even if the state will soon introduce corresponding incentive and subsidy policies to cultivate the domestic market, it is unlikely that there will be much strength in the early stage, and it is possible to concentrate in the field of public transportation in the early stage, and there are many domestic car companies that have entered the competition for food.

These also determine that the domestic new energy vehicle market will be quite bleak in the early stage, and there are frequent problems.

According to the normal rhythm, Tianyue industry can not get the domestic production, sales of ordinary passenger car qualifications, of course, it is impossible to spend hundreds of millions of dollars, to develop new energy passenger car vehicle technology, the short-term goal is still focused on the pickup truck manufacturing and production that they have opened up a part of the market in Africa; the next step is to develop in the field of small and medium-sized off-road vehicles that can be co-produced with pickup trucks, and the market is also positioned in Africa.

Now Cao Mo doesn't mind paying out of his own pocket and spending a lot of money on the car maker to play tickets, Xu Bin and Huang Yijiang are considering whether they can take into account the development of new energy passenger vehicle technology.

In other words, even if the carmaker's investment is paid by Cao Mo alone, it cannot be too capricious, and the technical route must be combined with the long-term development plan of Tianyue Industry.

At present, among the people who are related to Tianyue Industry, Zheng Xiaoyuan was employed by Xinhai University and has a very deep research in the field of automobile power system; Gu Fan seems to be a wild man, but in addition to his professional background, he has worked in Huachen for ten years before he specializes in car modification, and is extremely familiar with the development of vehicle technology, which is also his greatest value; Huang Yijiang's expertise is in motorcycle system research and product development organization.

In the past two years, Tianyue Industry has invested nearly 200 million yuan in the development of its own motorcycles, and has also set up and honed a working R&D team.

"Tianyue Industry won Huachen's pickup truck assets, the next step is to develop off-road vehicles on the pickup truck platform as soon as possible, is it possible for the car maker to develop fuel small and medium-sized off-road vehicles at the same time, taking into account the technology accumulation of pure electric off-road vehicles?"

"What does Old Gu think?" Xu Bin did not directly answer Cao Mo's question, but threw the question to Gu Fan.

Cao Mo knew that Xu Bin had the answer in his heart, but he still wanted Gu Fan to behave more in front of him, Qian Wenhan, and Ge Jun to strengthen their trust in Gu Fan.

"Off-road vehicles require the greatest adaptability to the environment and extremely high stability, and the attitude towards new technologies is the most conservative, and even the technology that has been quite mature in other passenger cars usually takes five to ten years to be put on off-road vehicles - therefore, this also makes the threshold for the development of off-road vehicle products lower than other passenger cars, and there will not be too much generation difference in terms of technology. However, for this reason, at this time, there is no fully mature pure electric technology in other passenger models, and if you want to directly use it to develop off-road models, the threshold will become higher - this threshold is not only for domestic car companies, but also for international car companies. Gu Fan said.

Cao Mo touched his chin and said: "Mr. Qian and Shen Ji have to intervene in the carsmith, many things can't be played by me, and I'm not good at technical things, so it shouldn't be too much to hold the carsmith to do - as far as the early stage is concerned, I will set up an independent investment company with Mr. Qian and Shen Ji, and first invest 20 million to complete the acquisition of the carwright, as for how to inject capital in the future, Gu Fan, do you and the founding team stay in the carwright directly adopt the annual salary system, or the annual salary plus options, as well as Xu Bin, Huang Yijiang, do you want to hold a certain amount of equity in the carsmith, or do you want to invite Zheng Xiaoyuan to join in some way, you will discuss it later. The future of the carpenter depends more on your passion for doing things, so don't be afraid to make conditions with me, and I'm afraid that you won't make conditions with me......"

Speaking of this, Cao Mo said to Qian Wenhan: "Mr. Qian, you have to think about it - the three of us registered an independent investment company, and we have to be tied together, and others can choose to withdraw from the carpenter halfway, and we will play to the end." ”

"I'll follow the shareholding and convertible share ratio of Tianyue Industry, you can't scare me. Qian Wenhan said with a smile.

"Although I am not good at technical things, I more or less know how deep the pit will be to play with cars, and Qian is always determined to play with us until the end," Cao Mo smiled, and said to Xu Bin and Gu Fan Zhengse, "The development of the car maker is still more about taking into account the interests of Tianyue Industry." After the acquisition of Huachen pickup assets, combined with the climate, terrain and actual demand characteristics of Africa, the transformation of pickup products, and the development of medium-sized off-road vehicles suitable for the African market are what the carmaker needs to immediately set up a research and development team to do. After that, you can have an in-depth discussion on what kind of technical reserves should be made in the field of new energy vehicles, and take into account them. This year's global economic and financial situation is indeed not too optimistic, so I will not give you too optimistic promises, I can only say that every year in the next year, I will first take 100 million yuan to the car maker to spend. However, relatively optimistically, Tianyue will not be affected too much this time, and when the global economic and financial situation improves, Tianyue can use more funds, I will choose an industry in China for key development. At present, the funds that can be accommodated by Conero Foods are limited, and I am not interested in other industries, and the industries I am doing in Africa also lack the necessary linkage......

Cao Mo's asset allocation in China and Africa should be better balanced, and more financing will be adopted in the future to solve the construction capital needs of the Wusan River copper-gold mine.

Even if this will continue to reduce Tianyue's weight in projects such as the Wusan River copper-gold mine, it should be.

This will inevitably lead to a large amount of capital spillover, which needs to be transferred to domestic or other industrial investment areas.

As two projects directly invested by Tianyue in China, the product chain and market side span China and Africa, which are carefully selected and cultivated by Cao Mo, and will inevitably become the focus of accommodating the transfer of spillover funds in the future.

However, Conero Foods is too limited, even if it occupies the country's high-end cocoa butter and cocoa powder markets, it can't accommodate much money.

Tianyue Industry is the reservoir that Cao Mo really values.

At the same time, the development of Tianyue industry can not only continue to deepen its foundation in China, but also play a pivotal role in consolidating Tianyue's market position in Africa.

Cao Mo is not very profound in technology, but he has always thought about the future industrial layout of Tianyue.

This return to China is also an opportunity to have an in-depth discussion on this topic with Shen Ji and them.