Reborn Entrepreneurial Giant

Honeycomb Energy is headquartered in Xingsha. Relying on orders from Geometry Automobile, it is now the largest power company in China. It mainly produces ternary lithium batteries and has soft pack, square and cylindrical batteries. It is followed by CATL, which has obtained Geometry and Tesla. We have placed orders for two types of power batteries: ternary lithium and lithium iron phosphate batteries, mainly prismatic batteries.

As an independent third party, CATL has obviously greater market potential, but in addition to ternary lithium, Honeycomb Energy also has a large amount of R\u0026D investment in solid-state batteries, sodium-ion batteries, etc. As long as there is a breakthrough...

Geometry Auto uses a mix of Honeycomb Energy's prismatic and soft-pack batteries. Saab mainly purchases batteries from CATL, which will be replaced by lithium iron phosphate in the future. The 21700 cylindrical battery did not eventually become Geometry's power battery. Because of the need to purchase battery-chassis integration technology, soft-pack batteries are likely to be abandoned.

Of course, it is also possible to provide cells and battery management solutions to other major domestic and foreign automobile manufacturers. Since the United States imposed special tariffs on domestic automobiles, Xia Mingfei and others went to the United States for inspection and accelerated their plans to build factories in North America.

Qu Li and the others have been wandering between California and Texas. California is the most open state in the United States, but housing prices and living costs are very high. There is great pressure on environmental protection. Factory construction will be very troublesome, but the advantage is that it will be friendly to electric vehicles in the future. , Tesla’s rapid development benefits from California’s environment.

Texas can give all companies that settle in the state as much freedom as possible, and the overall approval and development environment is also relatively relaxed. Moreover, there is no local government personal income tax and capital gains tax, so California companies such as Oracle, Charles Schwab and other California companies have moved to Texas.

In addition, Texas is conservative and is planning to introduce a law to prohibit Chinese from buying land in the state. Various unfriendly policies appear frequently. Whether it will eventually be implemented into law and whether it can be overturned is still unknown. In short, the cost of building a factory in California is high, but there are few troubles. The cost of building a factory in Texas is low, but there are many follow-up troubles, including problems with grid stability. However, Hive Energy's virtual power plant and energy storage power plant have their place.

The relationship of competition and cooperation between China and the United States may exist for a long time. It is necessary to test their bottom line. As for the risk of asset confiscation, there is definitely a risk. Qu Li's insistence on building a factory in the United States is based on practical needs: You can't just make money in one country without creating any social value, right? Therefore, setting up factories in Europe and the United States has always been a must-have for Qiancheng Geometry, not an option.

Qu Li, who insists on long-termism, finally chose to build a super factory in Austin, Texas, providing 10,000 local jobs with a total investment of more than 3 billion US dollars. He is very happy about this. Domestic netizens are very dissatisfied with this. This is not a gift. Being ripped off?

It can only be said that everyone has different considerations. Qu Li is willing, and the future has the ability to bear such losses. It may require a lot of money at the beginning, but subsequent funds can be borrowed from the United States using land, factory equipment as collateral, 3 billion US dollar investment is not a one-time investment, there must be many prerequisites, and it also includes investment from supporting companies such as Hive Energy.

However, this plan was blocked in China. As the world's best power battery company, Honeycomb Energy went to the United States to build a factory. Will it involve technology leakage? They need explanations and guarantees about this. In the past, the United States has always restricted technology exports, but now it's reversed? Fortunately the news didn't leak out.

Fortunately, this does not affect the construction of the Geometry Gigafactory in North America. Even if the Tesla Gigafactory is said to roll off a car in 45 seconds, while the Geometry car takes one minute, there is still a gap. Musk started bragging again. The progress of the Magic City factory exceeded expectations. He is very happy now!

Qu Li is not happy now. Domestic opposition has caused his plan to go to the United States to sign a contract. The plan to build a factory in North America has been prepared for several years. Even the location of the factory has been selected. It is a pity that the United States has invested heavily in the return of manufacturing. , there are various subsidies, they all require investment anyway, now you can save a lot of investment...

Since he couldn't, Qu Li went to Honeycomb Energy to understand the situation. Once again, Honeycomb Energy is not a power battery company. This is only part of his business. He also has virtual power plants, energy storage, new energy power plants and other businesses.

Recently, I have invested in a cutting-edge technology: using carbon dioxide as the power generation working medium to perform cycle power generation in a supercritical state. Well, this technology is suitable for thermal power, nuclear power, geothermal power generation, etc. Energy storage can also be carried out. Carbon dioxide energy storage is a new large-scale long-term energy storage technology, which has the characteristics of high electricity-to-electricity conversion efficiency, high energy storage density, long life, and low cost.

It seems like an outrageous technology, but it has actually been realized in China. Everyone knows that energy storage power stations have great market prospects, but no one knows where the future of energy storage lies, whether it is battery energy storage or compressed air energy...

This is what Honeycomb Energy should do. Being a power battery company is not fun at all. Becoming an energy company is his long-term pursuit. Thinking that one day, Honeycomb Energy will dominate the industry and become another Fortune 500 company. Qu Li doesn’t know what to say. He can only say that it is very good and powerful...

Well, many of them are just conjectures now. The electric power industry is considered a public institution and has certain special characteristics. Especially in China, there are barriers to entry, and it is not necessarily a technical barrier. Many of Honeycomb Energy's future plans may be aborted, but Qu Li must leave enough room for imagination. Especially the future interstellar era will also become the energy era.

After learning about Honeycomb Energy, I continued to work at CMGE Geometry. In addition to the North American market, there is also the European market. Delivering more than 5,000 vehicles per month is not the upper limit. Geometry Y6 has accumulated a large number of orders. To solve the problem and improve the transportation capacity, it is very important. Importantly, the other is to speed up the process of building the factory.

The Saab factory in Sweden OEMs the Geometry G9/Y9, but for a high-volume model like the Y6, it is more cost-effective to build it yourself. It has already begun to buy land and build a factory. Instead of staying at the Saab factory in Helsingborg, it chose Sweden's third The large city of Malmö has a cross-sea bridge connecting Copenhagen, Denmark.

Norway and Sweden are two countries with very good sales of new energy vehicles in Europe. The best one is of course Germany, followed by Britain and France. Production in Sweden can cover the Nordic and German markets. As for Britain and France, they initially plan to build a factory in Spain, possibly Catalonia. Barcelona in the Ronha region.

Electric vehicles are definitely built in developed countries, and the fuel vehicle factory is in Hungary. However, this is a landlocked country, and it is a bit difficult to open up a stable and reliable transportation line. Qu Li chose the route from Greece, Macedonia, Serbia to Hungary. It is also the most popular Balkan Silk Road in China: the China-Europe Land-Sea Express. To this end, it acquired the operating rights of the Bierhof Port in Greece. Another key is the Hungary-Serbia Railway, which has not been completed since 2013 and can only wait.

Normal entrepreneurs would not invest in Hungary at this time. Only a stubborn person like Qu Li, who believes that the country also believes in himself, would be so irrational.

Looking at the plan, we can see that the development of Geometry Futures in Europe involves many countries, and there are many things that need to be handled by him in the past. It happened that some things were at a deadlock at this time, so he went to Greece for a vacation and took care of things by the way.

Originally, Chen Danlin wanted to go with her, but she refused, so she had to call Zhang Yiwen over.