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Chapter 124: Intelligent Driving Policies of Various Countries

~8 min read 1,413 words

The next day.

Su Xin arrived at the company, had a long talk with the newly appointed president of Tianqi Pharmaceutical Company, Nie Hongwu, disclosed the research on Tianmu Eye Drops, and had him prepare to arrange for the drug's submission for approval.

Every type of drug, from research and development to approval, production, and finally market sales, requires a long time and involves a complex and lengthy process; having an industry insider like Nie Hongwu could make Su Xin's work much easier.

After communicating the relevant matters regarding Tianqi Pharmaceutical, Nie Hongwu began his work.

Su Xin began to review the various reports accumulated previously, paying attention to the development of each subsidiary.

The most impressive performance was still Tianqi Energy, with 60GWh of full-load production per month; based on a profit margin of 400 yuan per kilowatt-hour, it could stably bring the company 24 billion in net profit every month.

Such an exaggerated profitability was already approaching the level of the world's top ten.

However.

As the enterprise with a global monopoly on power batteries for the automotive industry, such a profit could barely be considered reasonable; after all, the automotive industry is one of the largest industries in the world, and power batteries are the core of new energy vehicles.

The reason it is called "barely" is that Tianqi Energy is still in a growth phase; as the second phase of expansion is completed in the future, production capacity increases, and the automotive industry market moves toward maturity again, its profitability will inevitably be able to reach a higher level.

That is the performance Tianqi Energy should have.

The remaining Tianqi Software and Tianqi Equipment, the performance of the two subsidiaries was about the same.

The only product of Tianqi Software Company, Tiantian Assistant, saw its number of members surge again in the past half month, reaching 280 million, with revenue as high as 4.6 billion.

The two products under Tianqi Equipment.

The simplified version of the Xiaotian Flight System had already started cooperation with major civilian drone manufacturers, with sales surging by 200,000 units, bringing in 100 million in revenue.

This amount was very inconspicuous compared to other products of Tianqi Company, but in fact, compared to most companies, it was already quite excellent.

It was mainly because the drone market was only so big, and several major products like Thor Battery had a lead in the market that was almost a complete disconnect, so the two naturally had nothing to compare.

Su Xin would not look down on these ordinary businesses because of the huge profits of other products.

Finally, the sales of the Xiaozhi Driving System truly made Su Xin feel surprised.

In the past half month, car companies in Long Country had actually ordered more than 300,000 units in total.

You have to know.

Due to the limitation of Thor Battery's production capacity, Long Country's current monthly automotive production capacity is only about 500,000 units in total, including Long Country cars, joint-venture cars, and non-intelligent driving models.

And because the sales of various models were very high, there were no inventory cars at all; almost every car produced was sold.

That is to say, these more than 300,000 intelligent driving models were all sold in the past half month, accounting for more than 60% of the total sales!

If you add in the non-intelligent driving models, the sales of Long Country cars accounted for at least about 80%.

From these two proportions, one can see how exaggerated the sales proportion of Long Country cars was, and also how popular intelligent driving models were.

Just as Su Xin was busy looking at the reports.

Fu Benjing, who learned that he had finally arrived at the company, made a video call immediately.

"Boss, it seems your new research has come to an end for the time being?" Fu Benjing asked with a smile.

"Yes, the research is just about done."

Su Xin nodded.

Fu Benjing did not engage in small talk and went straight to the point: "Boss, you were busy with research before, so some work was not reported in time; it just so happens that I will report it all at once this time."

"There are two things."

"The first thing is about the intelligent driving-related policies of various countries. Currently, several countries have officially announced pilot policies, requiring intelligent driving solution providers to open branches locally, all data must be subject to local supervision, and there are some other detailed policy regulations."

"As long as the audit is passed, our Xiaozhi Driving System can carry out intelligent driving pilots in many countries, including Beer Country and Romantic Country."

Seeing Su Xin listening quietly, Fu Benjing continued: "The second thing, car companies from various countries have been actively contacting us, wanting to obtain the authorization for the Xiaozhi Driving System."

"Because the boss only limited it to five partners, many senior executives of car companies have promised me many benefits—money, houses, green cards—they wish they could treat me like a father, hoping I could put in a good word for them in front of the boss."

"Of course, I did not accept any of these."

"But to avoid suspicion, I try not to provide subjective suggestions on this matter; I have only recorded the recent operating conditions and some measures of each car company. Boss, you decide for yourself."

Su Xin nodded and asked:

"The opening of intelligent driving-related policies in various countries, is it being pushed by these car companies in secret?"

"It has to do with them, but the relationship is not big."

Fu Benjing explained: "Recently, due to the extensive hype by the public relations team, the voice of the public in various countries for intelligent driving is very high, and the officials have to take this matter seriously."

"Coupled with the promotion of major car companies, the officials of various countries have taken advantage of the situation to introduce corresponding policies."

Su Xin asked in turn: "By the way, I was just looking at the reports. The sales of the Xiaozhi Driving System seem to be very good during this period. Is it also because of the heat brought by the public relations team?"

Fu Benjing immediately laughed: "That's right, the boss asked me to spend 500 million to arrange the public relations team at the beginning; it can really be called a stroke of genius."

After a little flattery, he recounted the recent trends on the internet.

"During the time the boss was devoted to researching new technologies, the concept of intelligent driving became popular globally. Various models continued to sell well in the Long Country market, which also made countless overseas netizens very expectant, and consequently, the sales of Long Country cars overseas also surged."

"Everyone seems to be waiting for the policy to be implemented so they can install the Xiaozhi Driving System as soon as possible."

"Under these circumstances, major car companies are becoming more and more restless, wanting to reach an authorization cooperation with us. Given the desire of the public and car companies, the officials also have to accelerate the implementation of the policy."

Su Xin nodded:

"Okay, you continue to maintain communication with major car companies and observe their subsequent performance. Just say that I will make a decision within a month."

"As for the local branches..."

Su Xin pondered.

In fact, as early as when he first developed the intelligent driving system, he had thought that for L4-level intelligent driving, it would be impossible for various countries to easily allow entry, just as it would be impossible for Long Country to easily allow other countries' L4-level driving programs to enter.

This concerns national security.

No matter how high the public voice is, and no matter how much car companies push, the officials cannot relax their vigilance.

And if one wants to enter, the only possibility is to open a branch locally, with all data remaining locally and controlled by the local authorities.

Even if the Xiaozhi Driving System collected map and road terrain data, it would have no way to be transmitted out.

Or in extreme cases, if Tianqi Equipment Company wanted to use millions of cars as weapons to cause chaos, the local officials would also have ways to stop it.

Since there is truly no way to compete with the Xiaozhi Driving System, and they have no choice but to introduce it domestically, they naturally can only find ways to control it.

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End of Chapter

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