From knock-off old-man's electric vehicles to industrial giant

Chapter 254: More to come, and more to come.

The Xingchen L7 has been continuously increasing its production capacity and striving to deliver vehicles.

The Highlander and the Starry Night L7 were originally positioned to compete against each other both online and offline.

After the fuel pump incident, the online bloggers who jumped up and down, inciting conflict, vanished at an alarming rate.

The blogger behind the old-fashioned yogurt video has deleted most of their videos.

However, it seems that these rescue measures did not have much effect.

Before Xingchen Legal Services could take any accountability measures, the Lao Suanyogurt platform account was listed as a sensitive account and banned from speaking. It seems that this was because there were too many spontaneous complaints and reports, which led to a huge backlash from inducing consumers to buy the problematic cars.

Meanwhile, those who listened to the incitement or supported traditional joint ventures and locked their bikes into the market began to migrate in large numbers.

The resale value of used Toyota cars on the market plummeted overnight.

Removing the fuel pump is not considered a major overhaul.

But it can also be off-putting!

This also turns the so-called "craftsmanship spirit" into a joke.

Even some used car dealers who stockpiled Lexus vehicles have jumped out to complain.

You can imagine how angry he was.

The track for six-seater cars in the 300,000 RMB price range is narrow and precise.

If these consumers who have refunded large amounts of their deposits do not choose the seven-seat Tiguan and Edge, then the only option left is the Starry Night L7.

Despite the higher average price of the vehicle and the longer waiting period for delivery, the reputation of the Starry Night L7 has indeed been getting better and better since its launch, and it has gradually formed its own style.

It has garnered both attention and positive reviews, while also boasting impressive specifications and a high-tech feel.

"What's the number of large-scale locked orders, and what's the current percentage?" Xu Yi asked, paying attention to the locked order data.

Small orders represent market enthusiasm and expectations of conversion, while large orders represent the actual production volume that the factory needs to prepare.

"The percentage of users who have locked in orders has exceeded 50%, and we currently have 10,000 users who have locked in large orders. However, the original percentage was actually higher than that," Yu Nian said. After a period of development, the percentage of their users who had locked in large orders was almost over 60%.

In the past two days, the number of small orders that have surged by more than a thousand each day has not yet been converted, which has lowered the conversion rate somewhat.

But it is still an extremely remarkable number.

have to.

No need to calculate it.

There's absolutely no need for adjustments; we should continue operating at full capacity.

After understanding the order status, Xu Yi also coordinated with the internal departments to review the recent reports sent by various R&D teams.

At the time of its launch, Xingchen Expressway NOA had already connected 15 national-level trunk roads across the country.

Now three more have been added.

It has enabled navigation and driving capabilities on a total of 18 national-level main roads.

We are one step closer to the goal of connecting 36 core main lines across the country (7 radial lines + 11 vertical lines + 18 horizontal lines).

The third-generation Polestar battery is still under intensive development.

It is worth mentioning that.

The development and iteration of their second-generation Polestar mobile phone battery is also nearing completion, and this time they have once again improved the material and structural process of the carbon silicon anode.

In layman's terms, this means the silicon content has increased further.

Traditional batteries use graphite as the main material for the negative electrode, but the upper limit of graphite's ability to store lithium ions is relatively low; one graphite atom can only bind about one lithium ion.

Since one silicon atom can bind four lithium ions, silicon's specific capacity is theoretically about ten times that of graphite.

Once the problems with the formula and process structure are overcome, there is still a lot of room for improvement in the future.

StarChip was the first manufacturer to launch its self-developed "carbon silicon anode battery," and now other mobile phone battery suppliers are following suit with their R&D path.

In a two-and-a-half-month period, coinciding with the Double 11 promotion, Xingchen shipped over two million batteries, with an average gross profit margin of 39%.

This is pretty scary.

Android battery suppliers typically have a gross profit margin of 10%-15%, and even for high-end brand series batteries, a gross profit margin of 17%-18% is considered quite good.

But Polestar batteries are currently the mobile phone battery cells with the highest energy density and the fastest charging speed in the mobile phone market.

Being the only supplier gives them considerable bargaining power. What surprised Xu Yi was that this was their product with the highest gross profit margin.

It's a Polestar power bank.

We've already shipped over 4 units, and that's despite insufficient production capacity.

After the initial R&D costs are amortized, the gross profit margin can even reach as high as 120%.

After all, this power bank is made with a 3300mAh battery cell and an aluminum alloy shell. The cost of the battery cell alone is much lower than that of the 10000mAh and 20000mAh power banks on the market.

Meanwhile, Xu Yi also received an internal proposal from Dong Yuxuan, who suggested further developing a super power bank that is more commonly used on the market and compatible with various fast charging protocols.

In terms of capacity, it will be available in two versions: 10,000 mAh and 20,000 mAh.

For the charging chip, we plan to use gallium nitride (GaN) chips.

Gallium nitride (GaN) chips have a switching frequency 3-5 times that of traditional silicon-based chips, which means they can achieve extreme miniaturization and high power density.

In the current digital industry, gallium nitride (GaN) chargers have only just been launched, and the market for GaN power banks is still largely untapped.

As for the design of the gallium nitride (GaN) chip, it's because the Starry Sky L7 is equipped with an 11kW OBC. During the R&D process, we also worked with the Tyco Tianrun team to develop a GaN-on-SiC design, which has already integrated a GaN car charger. The GaN chip manufacturing order is outsourced to TSMC.

Designing another gallium nitride power bank chip is naturally not a problem.

Power banks can pursue a path focused on high-end products, ultra-miniaturization, and super-fast charging.

Xu Yi reviewed market research documents, which showed that Xiaomi's second-generation 10000mAh power bank shipped approximately 3.6 million units last year, averaging 330,000 units per month.

This is clearly a good market, and it won't take Xingchen too much effort to get in.

Even in the high-end market of power banks priced above 200 yuan, the annual shipment volume can still reach over one million units.

Xu Yi replied that he had approved the plan.

In his view, this area is still quite untapped.

Or rather, the entire industry chain involving charging semiconductors and batteries is, in Xingchen's view, a very promising blue ocean market.

12 month 10 day.

Xingchen Group welcomed another group of guests for a visit.

Zhu Yanfeng, CEO of Dongfeng Motor Group, and Lu Fang, Vice President, arrived at Xingchen's headquarters to discuss cooperation matters.

At the conference of 100 people, Xu Yi's Supercharging Alliance Agreement persuaded a group of people.

Dongfeng Motor Group happens to be among this batch.

However, Zhu Yanfeng's main purpose in coming here this time, besides the "Supercharging Alliance", was to negotiate a key cooperation.

Dongfeng Motor had intended to develop a new energy vehicle last year and the year before, and had a plan to establish its own sub-brand.

After the release of the Starry Night L7, the contingency plan was naturally implemented.

Let's call it—

Voyah Motors!

They plan to build a five-seater high-end pure electric SUV, with a price range of 25 to 35 yuan.

Seeing Xingchen Motors' success has greatly boosted my confidence.

High-end cars also need to have sufficiently high-end features to be convincing in the market.

For the high-end four-wheel drive model, they plan to equip it with air suspension.

We were originally in talks with a leading international supplier, but the proposed solutions were too expensive and the turnaround time was too long.

Upon closer examination, it's not a worthwhile investment.

Dongfeng is not unable to afford it, but it wants to try its best to keep costs down.

Lu Fang had connected with Guo Chuan of Konghui Technology last year.

However, due to the immaturity of the other party's technology and the fact that the product had not even been fully developed in the early stages, Dongfeng Motor hesitated and did not provide support immediately. They were also hesitant about the application of air suspension in new energy vehicles.

Later, I heard news from the industry chain that Xingchen Automotive had acquired Konghui Technology and that the first generation of domestically produced air suspension had been launched.

Konghui Technology held a celebration in Huzhou for the delivery of its 5000th domestically produced air suspension unit, and will build its second air suspension mass production base in the industrial park next to the Xingchen F1 factory.

Upon hearing this news, Lu was so angry he almost slapped his thigh off!

(End of this chapter)