Chapter 696 - The Initiative Must Be Taken

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The scene of the new car launch conference in Shenzhen was very hot, and reporters, industry professionals and consumers from all over the country were waiting for the moment when low-cost new energy vehicles came out.

The price of micro-core new energy car replacement has dropped to the level of 120,000, which basically declares that fuel vapor has been thrown into the dust of history.

As the directors of the board of directors of Epoch Company, Gao Derui and Boss Bidi made speeches respectively, and once again informed consumers that fuel vehicles will bid farewell to history.

The product launch conference that needs the market does not need to be long-winded, and after a brief introduction to the appearance and function of the "Era Companion", the time is handed over to reporters and consumers who are interested in buying a car.

In one day, at the press conference accompanied by the Shenzhen Era, 300,000 cars were snatched up by the audience who visited the scene, and the remaining 700,000 cars would have been snapped up by consumers on the spot if they were not booked in advance by major dealers across the country.

Epoch Auto originally set a trade-in policy, and fuel vehicles can be exchanged for car purchase vouchers at the best converted price. However, many consumers are afraid that the new energy vehicle will be gone, so they simply buy the car first and then trade in the old one, and finally refund the difference according to the price of the new one.

The release and hot sales of Epoch New City have awakened the Xia Guo automobile market, and those car companies that are still dreaming of joint ventures.

Everyone will suddenly find that as long as the price of new energy vehicles is close to the people, it is so easy to sell!

Those who originally continued to produce joint venture cars, Xia Guo, car companies quickly stopped, immediately turned around and continued to develop micronuclear batteries, and asked Pangu Technology for micronuclear batteries in the market.

Although there is no right or wrong in the law, Pangu Technology has the right to decide whether to sell micronuclear batteries to the company through market means.

Bidi stopped the production lines of all fuel vehicles above 100,000 yuan, and all the production lines were allocated to Epoch to go all out to produce micro-nuclear new energy vehicles.

At the same time, last year, in the name of Future Energy, Audrey either merged or invested in five small automobile companies on the verge of bankruptcy in Xia Guo.

These companies have complete production lines and supply lines, which are capable of producing low-cost car bodies, interiors, etc., after technological improvements.

As a result, Future Energy, Bidi, and Epoch have formed a completeable industrial chain.

Future Energy provides micronuclear batteries, body interiors, etc., and BYD provides motors, chassis and other components, all of which are marketed and sold under the name of Epoch after being assembled by Epoch Energy.

According to the model of the Epoch Dynasty, a batch of one million vehicles can be delivered after a month.

On the other hand, Xia Guo's two barrels of oil and other energy companies have also begun the road of transformation, according to the two barrels of oil 2024 plan, they will gradually reduce the output of fuel oil, increase investment in chemicals, pharmaceuticals and other aspects. In addition, Xiaguo Petroleum Group has also set up a new energy laboratory in Yanjing to cooperate with Pangu Technology to optimize and in-depth design of micronuclear batteries.

All the expenses of the laboratory are paid by Xia Guo Petroleum Group, and Pangu Technology only needs to produce technology, and the future results are shared by both parties.

Some face, Pangu Technology still has to give.

In Europe, the entire automotive market is dead. What happened in Xia Guo is deciding the fate of many car companies.

Epoch released a low-priced new car, and one million units were sold out in an instant. All the joint venture cars in Xia Guo have suspended R&D and production, and all the cars on sale are in stock.

European car companies are finished!

The EU is unable to reach a consensus, and many car companies want to negotiate with Pangu Technology separately without the shackles of the EU, and accept several requirements of Pangu Technology in its entirety.

"Compromised?" Xiao Ming asked.

"Compromised, must be in a hurry. Qian Yi was also speechless for these European car companies, how good it would be to reach a consensus earlier, and now it is too late to make amends.

"If you compromise, you can hang it out, and it will not work to talk to us in a separate name, of course, our door to negotiations has always been open, but the conditions will change somewhat. ”

However, without the EU's access permit, there is no substantive role in negotiating with these car companies, and Pangu Technology will not accept the offer at all.

European auto companies have officially entered a cold winter.

The most anxious is the public, and the public, who occupied nearly forty percent of the market in Xia at the peak, was simply unwilling to withdraw from Xia Guo for some reason.

This time, the chairman of Volkswagen Group personally led a team to Xia Guo, hoping to meet Xiao Ming.

New York, Wall Street, dead silence. The face of the light crude oil futures trader is the same as the face of the majority of shareholders in Xia Guo, ugly and constipated.

The price of crude oil in the futures market is not constipated, it is like eating fried squid overnight, and it is like a thousand miles away.

The Rockefeller family was also uncomfortable, and Young Master Bill had just returned from West Asia, and said that an important consensus had been reached.

What is the consensus, the Rockefellers did not see, they saw a grim economic situation. In the past few days, the total assets of the Rockefeller family have shrunk by 15%, and they will shrink even more in the future. What Bill Rockefeller couldn't imagine was what kind of energy the young Xiao Ming had to be able to leverage such a large financial market.

The family that does finance will never know how much power there is in the business of technology, and Bill will never know that it is never finance but technology that can change the world.

Technology represents the future, and finance is just a tool of reality.

Although he was not punished by his family, as the core figure of the seventh generation of the family, this incident will lower his family rating.

Extinguishing the half-smoked cigar, Bill said very gloomily: "If I can, I really want to find someone to destroy Xiao Ming!"

It's the stupidest thing to do to get rid of someone and change the pattern of the world, but Bill, who is so angry, really has this idea.

How many Russian and West Asian oil tycoons disappeared from the world a few years ago without knowing what the reason is, only people like the Rockefeller family know.

It's a pity that Xiao Ming is not a European or a West Asian, he is from Xia.

"Check what industries Xiao Ming has in the United States and Europe. Bill lit another cigar.

These data subordinates have already mastered it, "Sir, Xiao Ming doesn't have any industry in the United States, nor does he have a private account in the United States and Europe, he ...... Very clean, horribly clean!"

"As long as other Xia people make money, the first thing they do is to transfer their wealth to the Western world, or buy a house, buy a land, buy an industry, or directly transfer cash. But Xiao Ming ...... Doesn't seem to be interested in any of that. ”

An old man beside Bill said: "This is because money has no effect on Xiao Ming, he can create everything, what else does he need money for?"