I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 391 083-084: A new revolution in automobiles! (5000 words)
Knowing that Gao Huaijun was going to develop a new automotive product, Hillhouse Automotive executives including Wang Fengying were full of expectations.

They also saw the performance of Hillhouse Technology after its listing. Seeing that people like Min Weiguo have become multi-millionaires one by one, how could they not be jealous?
The sales volume of Hillhouse Vehicles is even higher than that of Hillhouse Technology, but because Gao Huaijun feels that the sales potential has not yet been realized, it has been suppressed and not listed.

Therefore, now that we have a new product on the market and a better product, Hillhouse Vehicles is naturally one step closer to listing.

In this world, who doesn’t want to realize both social value and financial freedom?
What's more, this time Gao Huaijun said at the press conference that he would release a epoch-making work, which whetted everyone's appetite.

When Gao Huaijun arrived at the conference room of Hillhouse Vehicle headquarters, all the executives looked at him with sharp eyes.

That look was full of desire and longing, just like seeing a stunning beauty.

"Why are you looking at me like that?" Gao Huaijun looked at the group of executives below with both anger and amusement.

"Mr. Wang, for new product development, which direction do you think we should start from?" After Gao Huaijun sat down, he took his Ming Dynasty Ru Kiln teacup from Li Yinxin's hand and turned around to ask.

Wang Fengying couldn't help but straighten her body.

She knew that although Gao Huaijun had certain ideas, he would definitely listen to the opinions of some of the executives.

After all, the skill points of Hillhouse vehicles are getting deeper and deeper, and there are more and more forked directions, so naturally there is a need to support opinions from all sides.

"In fact, from the perspective of making money, I think our next step should be to focus on sinking Gaoling Tang technology into Gaoling Qin!"

"We're working hard on the compact SUV, the Gaoling Qin."

"After all, in the market, SUV is the most profitable and stable product on the same platform. As long as we transfer the technical part of Gaoling Tang to Gaoling Qin, control the cost of Gaoling Qin, and update the appearance, it will definitely be a hit product."

Wang Fengying said in a deep voice.

The executives present couldn't help but nod in agreement.

The SUV combines the comfort of a sedan with the passability of a hard-core off-road vehicle. Its advantages of a higher seating position and larger size can also meet everyone's needs for face.

In addition, the additional points of large space and good vision are also deeply loved by most car buyers.

Just imagine that if you have a budget of around 15 yuan, and you have a family of three or four, and sometimes you need to take your parents with you, and you have to go back home from time to time, and you can only afford to buy one car, I believe that no one will buy a two-door sports car out of selfishness, right?

Situations like this are actually the car-purchasing needs of most residents in third- and fourth-tier cities, and SUV is undoubtedly the most suitable model.

Therefore, in China, especially when pickup trucks cannot enter cities, SUVs become the best choice for family cars.

Although Hillhouse Qin is now ranked among the top ten in the market, it is far from enough.

If you want to quickly harvest the market, launching a fierce attack on SUVs is a good option.

Wang Fengying, who came from the marketing sector, keenly saw the development prospects of this market.

After Hillhouse Technologies went public, the positioning of Hillhouse Vehicles has changed in her mind!

Now the high premium of Hillhouse Technology has established the entire Hillhouse brand, and also made the executives of Hillhouse Vehicle feel that we can do it too.

Gao Huaijun nodded.

Wang Fengying is quite market-savvy.

The in-depth development of the SUV market is definitely the future development direction.

For example, the Li Xiang Auto of later generations is a Li Xiang ONE, which is lengthened and shortened to become three models. Even so, it can still generate revenue of over 100 billion yuan.

However, Xiaopeng Automobile, which started early, expanded its business in a random manner, launching both sedans and SUVs, but ended up being not good at anything.

"Mr. Egg, what do you think?" Gao Huaijun asked Egg who was standing beside him.

"I partially agree with Mr. Wang."

"But I think there is still a lack of a model between Hillhouse Qin and Hillhouse Tang. If there is such a model, Hillhouse's products on the market will be more complete."

Iger thought for a moment and replied.

If he had just arrived, he would never say this.

No automobile company will pursue a large and comprehensive product line.

For example, Li Xiang in later generations only focused on SUVs, and Wenjie also focused on SUVs.

It is the easiest thing for small and medium-sized enterprises to break through by relying on a small series.

However, normal situations are normal situations, and Gao Huaijun can basically come up with a product that sells well in the market as soon as he makes a move!

From A0-class hatchbacks to Hillhouse Tang, there has never been a slow-selling product.

Even Toyota and BBA have a lot of products that serve a supplementary purpose but do not make money.

But Hillhouse doesn’t have that!
Amazing, so amazing!
Gao Huaijun nodded after hearing this.

Egg's idea is actually very similar to the question of the world in later generations.

M5, M7, M9, three products, three levels, directly covering the main SUV population with a price of more than 20, grabbing the most lucrative cake in China!

In the product matrix section, these three products can cover all customers with annual income above 10 yuan.

But this time, Gao Huaijun didn't want to make a fuss about the SUV.

He took out a USB drive and asked his assistant to put the information on the projector.

When everyone saw the contents of the document, they all looked surprised.

Pure electric sedan!
Boss Gao actually wants to go straight to a pure electric car.

In this era, although there are some pure electric cars on the market, the battery functions are not very good.

So the sales are not very good.

Boss Gao is trying to challenge new difficulties.

"There are some pure electric vehicles on the market, but not many."

“And the kilometres are just too small.”

"This time, Hillhouse Battery and Hillhouse Academia Sinica will come up with a pure electric vehicle with a range of 400km under working conditions!"

"Hillhouse batteries have been tested and their actual battery life can reach 80% of the working condition battery life."

"In the age of automobiles, this will definitely set off an energy revolution!"

Gao Huaijun said in a calm tone.

"what!!!"

“A pure electric car with a working range of 400km!!!”

"No way, Hillhouse Battery is so awesome now???"

“The actual range can reach 70% of the working range???”

Some executives present couldn't help but scream out loud.

When Gao Huaijun saw their expressions, he couldn't help but feel a little proud.

Operating range refers to the expected distance that a car can travel under specific environmental conditions. This value is a theoretical value, and the actual mileage will vary depending on the specific usage of the vehicle.

Generally speaking, not to mention in 2015, even in 2024, if the actual endurance can reach % of the operating endurance, it will be very impressive.

There are many factors that limit the use of batteries.

For example, if you are driving on the highway at 100km/h or 150km/h, the amount of electricity consumed is completely different!
Snowy weather and the amount of load on the vehicle will also affect the vehicle's range.

Being able to achieve an average range of 70% is really very good.

With a range of nearly 300km, this means that if the car is fully charged, it can basically make a round trip in a city within a radius of 150km.

Moreover, charging stations are appearing one after another on highways now, so it is not surprising that Hillhouse Vehicles has launched pure electric vehicles.

It's just... it's too fast!
"Boss Wang, is it possible that the technology is not mature enough?"

"Is Hillhouse Vehicle able to accept the cost of a single bicycle?" Wang Fengying asked Wang Shichong, head of Hillhouse Battery, who was standing beside her.

"The price of battery-grade lithium carbonate is now 5.3 yuan/ton, which means that the current cost price of ternary lithium batteries is between 0.46/Wh and 0.53/Wh!"

"Based on the average price, taking a 35kWh battery pack as an example, the cost price of a ternary lithium battery cell is about 3 yuan. Assuming that the battery cell accounts for 80% of the total cost of the battery pack, the cost price of a 35-degree ternary lithium battery pack is 3.71 yuan."

"The cost problem of pure electric new energy vehicles is mainly concentrated on battery costs. We have roughly calculated that the battery cost accounts for about 40% of the total vehicle cost."

"That is to say, according to preliminary calculations, a new A-class car can be made for just over 9 yuan!"

Wang Shichong gave the executives present a brief report on the latest developed ternary lithium battery.

The executives present couldn't help but show joy on their faces.

In the past, battery technology was not mature. The key point was not that lithium carbonate was too expensive, but that the cost of the battery pack and cell assembly was too expensive!
Among multiple tracks, Hillhouse Capital only chose ternary lithium batteries to focus on, and now it has borne fruit!
Although the unit price of the current battery pack is still twice what it will be ten years later, the battery pack that only costs less than 300 yuan for a range of kilometers is already very cost-effective.

The key to this is that Gao Huaijun asked them to try lithium nickel cobalt manganese oxide (LiNiCoMnO2, NCM for short) or lithium nickel cobalt aluminum oxide (LiNiCoAlO2, NCA for short) as the positive electrode material at the battery level, and use graphite technology as the negative electrode material.

A solvent containing a lithium salt is used in the electrolyte.

These poor chemistry knowledge were obtained from some pretentious materials he reviewed when he was on a date with a beautiful woman before he traveled through time. She worked in a 4S store and he wanted to show off to her.

Unexpectedly, these few words helped the Hillhouse Battery team greatly shorten the R&D time!

In the words of Wang Shichong, his evaluation of the material synthesis in electrochemical materials can be summed up in three words: luck.

This kind of subject that relies on chance, on the surface, is scientific research that relies on metaphysics, but deeper down, the development of basic theories cannot keep up with experiments.

Sometimes, in this metaphysical thing of materials, the effective ingredient is the impurity.

After trying the material given to them by Gao Huaijun many times, they found that what made the ternary lithium battery work was the inconspicuous trace amount of lithium nickel cobalt aluminum oxide!

"Oh my god!" He was secretly excited.

I didn’t expect that the direct breakthrough in battery technology would depend on the guidance of my boss!
In fact, progress in materials science requires continuous trial and error, and then continuous approach to the correct starting point through errors.

Gao Huaijun told them about lithium nickel cobalt manganese oxide and lithium nickel cobalt aluminum oxide. In fact, just saying these two words would shorten their research and development time by at least three years!

All we need to do is to make minor improvements in the raw material ratio, synthesis, stirring, and other aspects of the two compounds.

The scope for trial and error is greatly reduced!

They would have needed to debug countless compounds, countless proportions of compounds, and countless compounds.

But now, these things are no longer needed.

This is the horror of Gao Huaijun’s golden finger.

You don't need to know everything like having a system, just having a direction can reduce more than 90% of the workload.

The reduction in workload will ultimately lead to a crazy increase in R&D efficiency!
This is also the core reason why Hillhouse Battery's ternary lithium battery was able to develop such a heavyweight battery within a few years.

When the executives present heard Hillhouse Battery announce such a major technological breakthrough, they were so quiet that they seemed to be unable to breathe for a long time!
This. . .

Too bad!
The Industrial Revolution, on the surface, was a change in the social production method, but in reality it was a change in the energy supply method.

The first industrial revolution was when the mechanical energy of the steam engine replaced the biological energy of human and animal power.

The second industrial revolution was when electricity replaced the mechanical energy of the steam engine.

However, in the automotive field, the three major automotive components that rely on mechanical energy have not been replaced like trains and household appliances, making it impossible to achieve a complete transformation of the Second Industrial Revolution in the automotive field.

This has also led many countries to invest a lot of energy in pure electric vehicles.

Originally, everyone thought that it would take a long time for pure electric vehicles to appear on a large scale.

It will take at least five years.

but. . .

Hillhouse Battery's ternary lithium battery has now suddenly appeared out of nowhere!
This sudden emergence is not a zero-to-one type, but it is able to realize the electrification of large-scale vehicle vehicles.

The cost of a bicycle is not high!
This is so crucial!

Why is it that most automobile companies now, especially Hillhouse Capital, a leader in new energy, only make extended-range vehicles even if they want to make new energy vehicles?

Why?

Isn’t it because the cost of batteries was too high in the past? Making a car with a range of 400 kilometers would cost more than 20 yuan!

At more than 20 yuan, how can it compare in cost-effectiveness with an extended-range vehicle that costs just over 10 yuan?
This is still an A-class car. If it is used on a B-class car, it will probably cost over 30 yuan.

There's no way to play!

It is still a bit unrealistic for the Hillhouse brand to compete head-on with BBA in the B-class car market and sell at a higher price than BBA.

And now...

Hillhouse's true pure electric new energy vehicle model, rather than the original Hillhouse Xia-type old-man's car, is truly a revolutionary progress!

Because this car involves a revolution in the way cars use energy!
Overtaking a corner!

It’s truly overtaking on a curve!

Now, cars can actually get rid of two of the three major parts of a car, the engine and gearbox, which have a large number of patents, especially the puzzling gearbox, which makes people feel excited just thinking about it.

Don’t talk about how awesome the century-old internal combustion engine is. In front of electric motors, the power drive of any century-old internal combustion engine is nothing.

Who can resist an entry-level sedan that has the power of a coupe and can be charged at home at any time?
not to mention...

The price of this car does not need to be too expensive. Just a little higher than the current Hillhouse Song will have a good market!
This does not include the cost reduction brought about by the increased sales of this car.

Thinking of this, the executives present all had brain orgasms.

"Mr. Gao...Mr. Gao, this car will definitely work well if used on Hillhouse Song!" Wang Fengying said excitedly.

The production cost is less than 100,000 yuan, and even if various taxes and fees are added, the price is not high.

It will definitely sell well in the market.

As long as it can be sold well in the market, it can drive the development of the industrial chain and slowly iterate. The cost will definitely become lower and lower and more competitive in the future.

Hillhouse’s senior executives are very confident in its R&D capabilities.

When Gao Huaijun saw the eager expressions of Wang Fengying and others, he instantly understood their feelings.

In China, the automotive industry has been suppressed by foreign automobile manufacturers for too long.

It has been so long that those comprador car companies, lying on the backs of foreign-funded car companies, have become so comfortable that they don’t even know their own names.

As we all know, before the Chinese automobile industry took off, imported cars were much more expensive in China than abroad, often one or two times more expensive. And popular models such as Alpha and Land Cruiser had to be purchased at an additional price on top of the suggested retail price.

Take Toyota Alpha as an example. It is only sold for about 300,000 yuan in the island country, but it is sold for over one million yuan in China, and you have to pay an additional 200,000 to 300,000 yuan to pick up the car.

The Land Cruiser (Land Cruiser) starts at 28 yuan in the island country, and it costs 100 million yuan in China. For example, the Lexus LX570 is priced at only over 70 yuan in the island country, but it costs at least 200 million yuan in China.

Although imported cars have tariffs and other fees, even taking these into account, Alpha only cost 40 yuan. Now it is sold for more than 100 million yuan, which has increased several times. It can be seen how huge the profits are.

In fact, a considerable portion of these profits were obtained by domestic comprador enterprises!

If a consumer wants to buy a hot-selling car from Dazhong or Fengtian at the suggested price, they will tell you, "Sorry sir, we car manufacturers don't have such a favorable price."

Moreover, if you buy the car in full and the 4S store cannot get any loan rebates or rebates on financial service fees, that would be even more serious. They won’t even sell the car to you!

Now, Hillhouse finally has the opportunity to break the monopoly of foreign automobile companies and start playing in a brand new track, with them as a participant.

Can you not be excited?
This is definitely a milestone event!
Seeing the executives all smiling happily, Gao Huaijun showed a smile on his face.

In his opinion, an executive without a sense of patriotism cannot build a good car!

"Pure electric cars are good, but that's not enough. I need this new Hillhouse Song, which has more powerful enabling functions!" Gao Huaijun said firmly.

(End of this chapter)