Black Technology: Start with Ten Thousand Times Speed

Chapter 70 The Shock of the Hengde Era

Hengde Times, as the world's largest power battery industry leader with the highest market share, invests massive amounts of money in the research and development of power batteries every year and pays close attention to the trends in the battery industry.

At the beginning of the Apocalypse Technology Conference, when Su Xin announced that he had developed a solid-state battery, someone reported the news to his superiors, and it quickly attracted the attention of senior management.

In just five minutes, this news alarmed all the top executives of Hengde Times.

All executives, including Chairman Zeng Daqun, immediately held a video conference. While continuing to pay attention to Apocalypse Technology's press conference, they discussed the authenticity of solid-state battery technology and discussed response strategies.

After they watched the test video shown by Su Xin, all the senior executives fell silent.

The various data of Thor's battery are not much different from the solid-state battery data calculated through experiments by several top car companies, which is not surprising.

The most important thing is that in the test video released by Su Xin later, the capacity, volume, weight, safety, and high and low temperature resistance of the Thor battery have indeed achieved these data perfectly.

This shows that the solid-state battery technology mentioned by Su Xin is indeed true!

This also means that as the world's first solid-state battery, the emergence of Thor Battery will crush all other power batteries and completely destroy the semi-solid-state batteries they have spent a lot of money to develop in recent years.

This kind of loss is almost a devastating blow to Hengde Times.

The most important thing is, regardless of how long it will take for solid-state batteries to be produced in the market. Ordinary people also think that solid-state batteries are not far away from everyone. But in fact, only senior industry insiders like them know that now the major top car companies The research target is only semi-solid-state batteries.

This is the transition stage between liquid and solid state, and there is still a gap of one level between true solid-state batteries.

They hadn't even matured into semi-solid state research, so Apocalypse Technology directly came up with all-solid-state batteries, which simply made them despair.

Even if Apocalypse Technology's technology stays at the same level forever, they will have to spend three to five years and spend huge sums of money on continuous research to catch up.

This is just catching up.

We also need to consider that in three to five years, Apocalypse Technology’s market share, cost control, supplier management, sales channels, size, etc. may have already developed to the top in the world. With all these advantages combined, even if they develop new products in a few years The product has no competitiveness.

What's more, this is under the premise that Apocalypse Technology's technology has remained stagnant.

But will Apocalypse stay put?

impossible!

With Su Xin's presence, Apocalypse Technology will not only not stand still, but will maintain an extremely terrifying research speed, and technology will continue to improve, so that no one can see the hope of competition.

This is what makes Hengde Times executives really despair.

Zeng Daqun said in a hoarse voice:

Everyone, Apocalypse Technology's solid-state battery technology has basically been confirmed to be real. Since we can't escape it, we have to find a way to deal with it.

Everyone tells us their opinions, what should we do next?

In the video footage, the other executives looked solemn and thought silently.

At this time, one of them said:

I think you don't need to be too pessimistic. After all, even if Suxin's solid-state batteries are really capable of production, the output will definitely not be high. Coupled with the initial cost gap, at most it can only seize a small part of the mid-to-high-end market. In a short time It is impossible for China to squeeze out all our living space.

So, we can misplace competition, lower prices first, and strive to survive in the low-end market. At the same time, we can cut off all current R\u0026D projects, concentrate all R\u0026D efforts, find a suitable new track, and look for opportunities to overtake in corners.

This is our only chance.

Another executive's eyes lit up and he nodded: Yes, I almost forgot. After all, Su Xin has just entered the new energy battery industry. Although he probably already has a factory, the output will not be that high. .

As long as its output is not high, it won't pose much of a threat to us in the short term.

Even if his production increases rapidly in the future and he continues to seize the market, he will kill other manufacturers first, and it won't be our turn so soon.

In other words, as long as Su Xin cannot capture all the markets, there will always be room for our survival in this huge automobile market.

If you survive, you have a chance to fight back.

Although these words are somewhat demoralizing, we have to admit that we are indeed lagging behind now. We can only seek survival first and development later.

These words made the other executives feel much calmer.

At first, they were all so shocked by the sudden appearance of solid-state battery technology that their brains were a little overwhelmed. Now that they thought about it carefully, the situation was indeed not as critical as they thought.

After all, no matter how advanced Su Xin's technology is, if the output is not enough, it will only seize a very small part of the market at most.

The remaining 99% of the market is still occupied by other manufacturers.

and.

The most important thing about any product is the price.

As a new technology product, the price of solid-state batteries is bound to be much higher than their products, which gives them the opportunity to compete in a dislocated manner.

As the power battery manufacturer with the highest market share, Hengde Times will not face a major survival crisis in the short term.

As long as the R\u0026D direction and operation strategy are adjusted in a timely manner, it is still possible to retain a considerable part of the market.

While several senior executives were discussing response strategies, in the live broadcast, all the test videos were finally played on the big screen behind Su Xin.

I saw Su Xin walking back to the center of the host table, raising the microphone, and said confidently:

I believe everyone has seen the various test data of Thor battery. Next, it should be the data that many people are most concerned about...

price.

Su Xin pressed the remote control again.

The screen switched, and the large screen displayed the price figures of several liquid lithium batteries from friend manufacturers. The bottom one was the Thor battery, but the price figures at the back were represented by four question marks.

If you are an industry insider, you should have a general understanding of the battery supply prices of various power battery manufacturers. I will briefly mention a few that have relatively high market shares.

For example, the supply quotation for Moudi's card batteries is about 620 yuan per kilowatt hour.

For example, the supply quotation for the second-generation CPT technology ternary lithium battery of a certain era is about 700 yuan per kilowatt hour.

There are several other major manufacturers, and their battery prices are also in this range.

As for the price of Thor batteries...

As we all know, when a new technology is launched, its production line needs to be restructured, the process flow needs to be reformulated, the yield rate will be very low, and the supply chain cost will be difficult to control. Coupled with the huge R\u0026D cost, these factors all add up to Together, it will greatly increase the production cost of new technologies.”

So, what do you think the supply price of Thor batteries will be?

At the end, Su Xin gave up and looked at everyone present with a smile.

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