Galaxy Technology Empire

Chapter 80 Tesla surrendered

Elon Musk despite abandoning negotiations with Raytheon Group.

However, considering Tesla's sales problems in Dongtang, it had to negotiate with other battery companies.

However, BYD, Ningde, and Lishen-National Energy, which have obtained the technology authorization for the first-generation Thor battery, will not be merciful, or Huang Haojie did not allow them to sell them at a low price.

Members of the Battery Industry Association must implement the Raytheon Group's reference pricing. It doesn't matter if you use it yourself.

However, the batteries sold externally will generally comply with the Raytheon Group's reference pricing. If they do not comply, Galaxy Technology will be kicked out of the group.

The domestic reference price of the first-generation Thor battery is 150 US dollars per kilogram of cells, while the foreign reference price is 150 US dollars.

Although it is a reference price, the problem is that BYD and Ningde will never dare to sell it below this price.

So after Elon Musk negotiated with BYD, CATL, and Liguo, the three companies all agreed on a fixed price of US$150 per kilogram.

If it’s too expensive, then find someone else to buy it!

Elon Musk almost vomited blood. Who else would buy it? Isn’t it the Raytheon Group? Their prices are even more deceptive.

But even batteries from BYD and CATL are ridiculously high, at US$150 per kilogram.

Tesla's high battery is about 300 kilograms, which means that each Tesla needs to purchase a battery of 315,000 yuan. The cost is obviously unacceptable to Elon Musk.

However, as the world's largest electric vehicle market in the future, Tesla will be hard-pressed to give up.

"President Musk! I have a suggestion. It is better to move Tesla's factory to Dongtang. In this way, we can purchase batteries from Ningde at a purchase price of 150 Chinese yuan per kilogram." A Tesla Dongtang The branch executive suggested.

Elon Musk pressed his temples and thought.

"If we build a factory in Dongtang, can the purchase price really drop to 150 Chinese yuan per kilogram?"

The executive gave a somewhat evasive answer.

"If the electric car is produced and sold in Dongtang, it will be at this price. If it is not sold in Dongtang after production, it will be 75 US dollars per kilogram."

As we all know, Tesla's current "cheapest" model is the Model 3. In the MiLijia market, which is recognized as the lowest-priced car, its starting price is US$35,000.

But as of now, only the long-range version of this model, which is in short supply, has been produced, which has resulted in the starting price of the car becoming US$49,000 (approximately 336,000 yuan).

Don’t forget, this is just its bare car price.

If you have ever bought a car, you must be aware of the miscellaneous fees such as "license registration fee", "delivery fee" and "fine decoration". Unfortunately, this is not a Dongtang characteristic.

Therefore, the actual delivery price is $56,000.

After paying $56,000 to Tesla, the car still cannot be driven away because it still has to pay consumption tax and purchase insurance.

According to MiLijia's policy, this car priced at US$56,000 needs to pay a consumption tax of US$3,422. However, Milijia provides a tax deduction of US$7,500 for the car. After adding the vehicle insurance, the car The final delivery price of the car is US$54,422 (approximately 374,000 Chinese yuan).

In other words, even the cheapest Tesla electric car has a bare car price of US$49,000.

If we switch to the first-generation Thor battery and produce it abroad, the battery alone will cost US$45,000.

If produced in Dongtang and sold back to MiLijia, the battery cost would be US$22,500.

Elon Musk kept calculating, and after a while he made up his mind that Tesla could not lose the Dongtang market.

"You go and talk to Shanghai officials. I have decided to build Tesla's electric car factory in Shanghai."

"President Musk, you have made a wise move, I will do it right away."

After the Tangren executives left.

The vice president of Mili Family next to Elon Musk frowned and said:

"Elon! Our profits won't be too high if we do this."

"Hook! This place represents the future of electric vehicles. If Tesla loses this place, it means Tesla will lose its future." Elon Musk said seriously.

"Also, the low profit is calculated based on the current selling price. This is brand-new technology. With our unique battery management technology, it can be fully charged in almost one or two minutes."

"Elon, are you talking about raising the price? But MiLijia has implemented a ban on the sale of Thor batteries. What should we do about this problem?" Hook asked still worried.

"Has the whole world banned the sale of Thor batteries? No, we still have markets like Xizhou, Tianzhu, and Southeast District. Besides, I don't believe that Mi Lijia will ban the sale of Thor batteries forever."

Elon Musk is not that stupid.

Now we have to keep up with the trend. If we lose the market, it means losing the future.

If Tesla doesn't keep up now, once the market is squeezed, it will only form a vicious cycle.

What's more, batteries are expensive, and Tesla can use technology upgrades as an excuse to directly raise prices.

Look at how many hours it took to fully charge in the past, but now it only takes a few minutes to fully charge. With such awesome technology, of course the price will increase.

Tesla, which was extremely resourceful, soon reached an agreement with Shanghai authorities at the end of April, agreeing that Tesla would build an electric vehicle factory in Shanghai.

On the other side, Tesla’s Dongtang executives also reached purchase contracts with Ningde and Liguo.

Of course, Raytheon Group also received a small order from Tesla.

Mainly because Elon Musk considered that high-end models equipped with 1st generation Thor batteries were too low quality, so he could only buy small batches of 1.5th generation Thor batteries with tears in his eyes.

As for Panasonic's batteries, Elon Musk only considers installing them on Tesla in the restricted area of ​​Thor batteries. After all, the explosion and spontaneous combustion of Panasonic batteries are also a headache for Elon Musk.

If MiLijia hadn't banned sales and the price of Thor batteries was too high, he would have wanted to replace them all with Thor batteries.

On the other side, BYD, CATL, and Liguo, which have obtained the authorization for the first-generation Thor battery technology, are also making moves.

BYD produces and sells its own cars, so the plan to install Thor batteries came out very quickly.

However, the production line of Thor batteries is not cheap. For a production line with an annual output of 10,000 tons of Thor batteries, Raytheon Group offers a price of 80 million yuan. This is a friendly price and no one else can buy it.

BYD has ordered fifteen production lines, two of which are already being commissioned.

Ningde Group ordered 20 production lines, and Liguo ordered 18 production lines.

The most exaggerated ones are Guodian Battery Company and China Energy Battery Company, which ordered fifty modified battery production lines and thirty-six modified battery production lines respectively in the first batch.

Of course, this is because BYD makes power batteries, while Guodian Battery and China Energy Battery make storage batteries, and the usage of the two is not of the same order of magnitude.

After all, an electric car has hundreds of kilograms of batteries, and a power storage station has hundreds of tons of batteries as a starting point.

The Pengpai Elegance has benefited from a large number of favorable policies, and its pre-orders have exceeded the 10,000-unit mark. As of May 1, the cumulative orders have reached 13,000 units.

More than 6,000 vehicles have been sent to car owners.

On average, one Pengpai Elegance can bring a profit of 50,000 yuan to Pengpai Power. The order of 13,000 vehicles here alone brings a profit of 650 million yuan to Pengpai Power.

Of course, these profits need to be used to cover last year's investment losses.

However, if this momentum continues, it is expected to sell 100,000 vehicles throughout the year.

Wen Weiping has launched an expansion plan, not only to increase the production volume of Pengpai Elegant, but also to include mid-to-high-end cars, buses, and special vehicles in Pengpai Dynamics' plan.

It is time to prepare to fulfill the promise of donating 100 new energy buses to Shanmei City.

As one of the shareholders of Pengpai Power, Yin Xitian directly invested in five electric vehicle parts factories in the eastern Lingnan region with money.

Because he had already planned to start his own business, Lifan left it to the old man to do the hard work. He knew that the era of surging power had arrived, and it was still too late to get on the bus.

Not only Yin Xitian, but also Dong Xianxing, Huang Hailan, Zhang Jian and others are also directly involved in the electric vehicle spare parts market in eastern Lingnan.

An electric vehicle industry chain with Pengpai Power as its core is growing rapidly in eastern Lingnan.

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