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Chapter 3196 Young and Promising - I Think It Will Lose Money!

Li Shi shook his head and said with dissatisfaction, "President Pei, it is only right to take care of your brother's business, but although President Wang is very powerful, he is not like you and will not do business that loses money."

"If this business loses money, I'll be doing him a favor by helping him distribute some of the stock. You're actually planning to make me share the burden with him?"

Upon hearing Li Shi's words, Wang Yue asked in surprise, "Mr. Li, if you don't think much of my business, why are you willing to acquire such a large stake in my private chef business?"

Li Shi smiled and shook his head, saying, "President Wang, although I am a second-generation rich kid, I am not stupid."

Private chef was my family's main business before, so I know how to run it and I'm sure it will make money!

But I really don't know the actual situation with electric vehicles; I'll have to wait for the salesperson to find out!

Wang Yue gave Li Shi a thumbs up, then smiled and said, "Mr. Li, I've learned a lot!"

Seeing Li Shi's words, he understood the situation; it seemed the project could be implemented!

Because Li Shi, as a second-generation rich kid, basically represents the thoughts of other second-generation rich kids, if Mr. Sima has similar pawns, they are also represented!

Therefore, Wang Yue immediately increased production and quietly launched the second-generation battery plan.

Wang Yue's electric vehicle has too many functions. The small battery alone has a very poor range. If a new battery is installed, the range can reach two or three hundred kilometers, which would meet his needs.

However, lithium batteries are unsafe to charge, and to achieve such a long battery life, you would need to use several lead-acid batteries, each of which is very heavy.

Fortunately, Wang Yue had originally intended to keep the vehicle balanced, so he had included a counterweight on it. This way, it could be easily replaced if needed in the future.

Once the battery is replaced, the cost will increase exponentially. Although it won't result in a loss, it will be impossible to make a profit.

Meanwhile, Wang Yue planned to take advantage of the fact that the batteries hadn't been replaced yet and immediately offer free battery replacements, which would cause costs to overflow once again!
With this layered strategy, Wang Yue believed that Mr. Sima would not be able to stop him from losing money this time!

In fact, Wang Yue's plan was proposed quite early, and Mr. Sima did not stop him from his promised battery replacement policy.

The main reason Mr. Sima didn't stop it was because the electric vehicles manufactured and sold by Tengyue were too expensive, so sales were very low, just like televisions and cooking machines back then, nobody bought them.

It was under these circumstances that Wang Yue proposed a plan to increase sales by promising free battery replacements for life and improving battery life, a strategy that Mr. Sima readily agreed to.

In fact, when Mr. Sima saw Wang Yue's plan, he really wanted to ask Xin Hailu about it. However, considering the relationship between Xin Hailu and Xin Jiangyue, he didn't ask these two people who were most familiar with Tengyue Construction and Tengda Games. Instead, just as Wang Yue had guessed, he went to ask some of his other pawns. Even Li Shi couldn't figure out Wang Yue's strategy, so of course these other people couldn't either. They all thought, "Who would want to buy such an expensive electric scooter? They might as well buy a car!"
Mr. Sima felt that even with low sales, the losses wouldn't be significant, and it was acceptable for Wang Yue to earn some pocket money, so he didn't stop him!
In fact, many people think this way. Wang Yue's electric scooter sales in the first three months were less than 100 units.

It was at this time that Wang Yue launched a new plan, which not only improved the battery life but also promised a permanent battery replacement solution.

They even negotiated with insurance companies to provide a small amount of insurance specifically for electric bicycles!

This insurance is actually similar to car insurance, except that electric vehicles only travel at speeds of up to 25 km/h. Given the vehicle's performance, the chance of an accident is extremely low. Therefore, compared to insurance policies that often cost thousands of yuan, this one only costs a little over two hundred yuan. Furthermore, to promote the product, they offer three years of insurance free with the purchase of a car!
Despite these preferential policies, electric vehicle sales remain very low. Even when Pei Qian gave electric vehicles as prizes to his company's employees, it didn't affect sales. This reassured Mr. Sima, who had been paying close attention to the matter.

It wasn't until one rainy day, when Rayce was riding her electric tricycle to work, that she was hit by a car turning around, which affected car sales!
Lei Xizhou is a migrant worker from out of town who came to Yingchuan to work. His income is actually quite high, and he can easily afford a car, even a relatively good one.

The problem is that, perhaps due to bad luck, he failed his driving test three times in three years, making going to work a constant headache.

In addition, Lei Xizhou has always worked in Yingchuan and has a very regular schedule, so he can take a taxi when he is in a hurry and take the bus when he is not.

It wasn't until this day that he discovered the company behind his favorite action game, "Dynamic World," had launched this electric car, and he decided to check it out, just to give it a try.

As a result, he accidentally discovered that the so-called electric tricycle was actually just a three-wheeled car, with a speed limit of 25 km/h!

In particular, the automatic driving assistance function allows this electric tricycle to drive itself to the designated location, and thanks to the sensors on the vehicle and the network connectivity, safe driving can be fully guaranteed.

Lei Xizhou's daily life consists of going to work, playing games, reading or listening to novels. If he buys this vehicle, he can completely delegate all driving to the electric tricycle.

So Rayce bought the car, which changed his life.

As it happened that it was raining that day, and Rex was still on autopilot. Unexpectedly, a vehicle turning left, probably because of the rain, crashed straight into Rex's electric tricycle.

The driver probably only realized something was wrong after hitting the car, so by the time the accident happened, it was too late.

Under normal circumstances, an electric tricycle would be in a very embarrassing situation if it were hit and didn't overturn. However, this Tengyue tricycle didn't overturn after being hit. Instead, it was pushed in front of the car and crashed into a tree on the side of the road.

If that were all, it still wouldn't have caused the sales of electric tricycles to skyrocket. The problem is that not only did the vehicle not overturn, but the car's hood was also blown off, showing how strong the impact was. Yet the electric tricycle was unharmed, only suffering minor scratches from the impact!

It's important to remember that this is an electric tricycle, not a tank. This accident has prompted many netizens to start researching the steel frame structure of the Tengyue tricycle!