Chapter 76: Automobile Association Joint Conference of Sakura Country

Ceng Daqun could not help but hold his breath.

30 power battery factories, that sounds like a lot, and it truly is a lot, but how many mainstream power battery manufacturers are there in the country?

Around 270!

After Tianqi Energy acquires 30 factories, the other 240 power battery manufacturers will all face the fate of bankruptcy and closure.

What a cruel reality this is!

Most importantly, 30 power battery manufacturers, based on an average annual production capacity of 15GWh each, total an annual production capacity of 450GWh.

Yet, the total installed volume of power batteries in Long Country last year was only 300GWh.

The installed volume of power batteries in the first quarter of this year was 91GWh, and according to forecasts by relevant institutions, the total installed volume this year will only be around 350GWh.

That is to say.

If Tianqi Energy really negotiates the acquisition of 30 power battery factories within one month and completes all production line retrofits, it could immediately monopolize the entire power battery market in Long Country, and even have the capacity to enter overseas markets.

At that time, other power battery factories would not even have the chance to survive by lowering prices in the early stages.

This is clearly an attempt to swallow the entire power battery market of the automotive industry in one gulp.

As for whether Tianqi Energy has the financial strength, Ceng Daqun did not doubt it in the slightest.

After all.

With Solid-state Battery Technology, as long as Su Xin reveals the idea of seeking financing, there will definitely be plenty of capital actively seeking him out, and they might even wish for Su Xin's capital requirements to be as large as possible.

"Such terrifying ambition and drive, he is truly worthy of being a nationally renowned genius youth."

Ceng Daqun sighed in his heart, promised to give an answer by tomorrow at the latest, then hung up the phone and summoned other senior executives to begin discussions.

Liu Qingli continued to pick up the phone, contacting several other top power battery manufacturers one by one to propose acquisition requests.

For these relatively large power battery manufacturers, they have large factory areas, complete production lines, advanced equipment, and well-equipped talent; once acquired, they can quickly increase the production capacity of Thor Battery.

Therefore, Su Xin still wanted to acquire these top-ranked power battery factories as much as possible.

……

At this moment, in the VIP lounge of Jiuli International Airport in Romantic Country, Ding Kuiyong sat on a large leather sofa, using his phone to replay the press conference Su Xin held yesterday afternoon.

"Thor Battery……"

"I really didn't expect that Solid-state Battery Technology would actually be realized in Su Xin's hands, tsk tsk!"

"Fortunately, I accepted the olive branch from Tianqi Technology before; otherwise, an enterprise with infinite prospects like Tianqi Energy might not have fallen to me to be the president."

Ding Kuiyong felt secretly fortunate in his heart.

He had previously reached a preliminary intention with Liu Qingli to be willing to become the president of Tianqi Energy, not because he was so optimistic about the future of Tianqi Energy, nor because the conditions offered by Tianqi Energy were that good.

It was simply that he had no suitable place to go for the time being, and since Tianqi Energy happened to offer the position of president, he agreed to go to Tianqi Energy to give it a try.

However, although a preliminary intention had been reached, he still did not take it to heart and had no urgent desire to take up the post, wanting instead to wait until he finished his global tour as planned before returning to the country to discuss specific employment issues.

He had also thought about what would happen if there were a change in the middle and the other party found another suitable candidate.

But he didn't really care about that anyway; at worst, he could just find another power battery enterprise. In any case, with his qualifications and connections, he could obtain a good position and treatment at any company.

But yesterday afternoon.

After he received the call from Liu Qingli and learned the news that Su Xin had released the Solid-state Battery Technology, he was immediately incomparably excited.

He booked the earliest flight back to the country immediately, canceled his subsequent travel plans, which caused his wife and children to complain, but he couldn't care about that much and firmly changed his itinerary.

Afterward, after simply understanding the relevant information about Thor Battery, he returned to the hotel to sleep.

This was to leave sufficient energy for the next day, so as to ensure that he could devote himself to work the moment he returned to the country.

He did not want to lose the job of president of Tianqi Energy because of negligence or low efficiency.

……

The second day of the Thor Battery press conference.

Eight fifty-nine in the morning.

The Kyoto Stock Exchange in Sakura Country was crowded with people who looked nervous and excited.

Time passed second by second.

Many people stared tightly at the huge digital clock, and seeing the numbers jump to nine o'clock sharp, they immediately shouted loudly: "7253 Yutian Stock, I want to sell it all! Quick!"

"6268 Mutian Stock, sell all two thousand shares, wait! Lower the price by 10% and list it!"

A large crowd of people shouted crazily, as if what they held were not stocks, but terrible poisons that would infect them, and they couldn't wait to get rid of them immediately.

But it was useless!

The news of the solid-state battery had spread worldwide after half a day of dissemination, especially among stock investors, almost all of whom had noticed this news; everyone wanted to dump the stocks of the three major car companies, so who would be there to buy them?

And in the stock market, stocks can only be traded if there are both buyers and sellers; there were a large number of people listing orders to sell, but no one was taking them, so they simply couldn't be sold.

And this situation would prompt everyone to continuously lower their listed quotes; if you list at 1000 Sakura Coin per share, then I will list at 950 Sakura Coin per share. If there is a transaction, it will be my stock that sells first, allowing me to be relieved sooner.

With this mentality, everyone's listed quotes for the three major car companies became lower and lower, which also caused the stock prices of the three major car companies to fall continuously.

At the same time.

The senior executives of all large car companies in Sakura Country, summoned by the official Automobile Association, gathered urgently to hold a joint meeting.

One of them proposed with a gloomy face:

"The sudden emergence of Thor Battery is simply a devastating blow to the traditional automotive industry, and the automotive industry is our country's largest pillar industry; we must never be crushed by a mere Thor Battery from Long Country."

"Therefore, I suggest a comprehensive ban on Thor Battery, and please ask the authorities to introduce laws to prohibit the import of Thor Battery and cars equipped with Thor Battery."

"Any car equipped with Thor Battery is not allowed to enter the market of Sakura Country."

The president of Yutian Group, Xiaoxi Heshi, had a gloomy face and added:

"Not only that, we must also unite all enterprises in Sakura Country, as well as Yingjiang Country, Romantic Country, and other major traditional automotive powers, along with all related enterprises, to cut off the supply to Tianqi Energy from the raw material end and block their mass production."

"And mobilize all relationship networks to comprehensively prohibit Thor Battery from entering the markets of various countries."

"At the same time, on the internet, we must also promote the disadvantages of solid-state batteries or the defects of Thor Battery, brainwash everyone, and make everyone feel resistant to Thor Battery in their hearts."

"Public opinion is the most powerful force!"

"As long as all of our developed nations impose a total ban and widely publicize the various hidden dangers and environmental pollution of the Solid-state Battery, we will certainly be able to make the vast majority of people voluntarily boycott the Thor Battery."

"In the current situation, the interests of all nations are aligned; as long as everyone can unite to boycott the Thor Battery, and through comprehensive suppression and momentum-building, ruin the reputation of the Thor Battery, we can significantly delay the time it takes for it to capture the market."

"As long as the initial momentum of the Thor Battery is suppressed, it will have no way to rise rapidly."

"By then, we will unite all the major global car companies and make the Thor Battery the common property of all car companies!"

"The value and significance of the Thor Battery are too great; what right does such a small company as Tianqi Energy have to hold it in their hands?!"