Chapter 87: Supply Chain Collective Defection

Upon hearing Su Xin's remarks regarding market regulation, many people felt moved.

Despite having developed the world-leading core technology of the Thor Battery and being able to slowly monopolize the market with high prices, Su Xin chose to set the price of the Thor Battery so low.

Initially, everyone thought Su Xin was being too impulsive and reckless, wanting to capture the market as quickly as possible.

But they did not expect.

Su Xin had actually considered so much.

To regulate market prices, he took the initiative to lower the pricing and reduce his own profits.

While this behavior is not enough to prove that Su Xin is selfless, at the very least, one can see that he is indeed acting with a neutral and objective mindset, wanting to promote the stable development of the entire industry.

This made them believe what Su Xin had said earlier even more.

At this moment, Su Xin continued:

"Since we are on the topic of price stability, let me take this opportunity to talk about another link—the supply chain."

"As everyone knows, the supply chain is one of the most important links in the entire price system."

"Many of you here are engaged in industries related to the automotive supply chain. I know that under the impact of the Thor Battery, many suppliers related to fuel vehicles have suffered heavy losses, and many suppliers related to Liquid Lithium Battery are also on the verge of bankruptcy."

"Taking the Liquid Lithium Battery supply chain as an example, the original electrolytes and separators have been completely phased out, and the cathode and anode materials are also different from those required by the Thor Battery; the entire supply chain is facing a comprehensive changing of the guard."

"And for me."

"Because the Thor Battery is a new product and is about to undergo a massive expansion in production, the supply chain has become the biggest challenge at present."

"One side has no way out, the other side is in short supply; both sides can just happen to reach a cooperation and achieve a win-win situation."

"I suggest that everyone can take this opportunity to transform as soon as possible, and Tianqi Energy can sign letters of intent with each supply chain company."

"As long as everyone is willing to take the initiative to transform, Tianqi Energy will be able to steadily absorb your production output."

"Although there will be growing pains during the company's transformation, with stable orders from Tianqi Energy, it will at least allow your companies to survive steadily."

"If anyone is interested, you can discuss the details of the cooperation with Tianqi Energy's President, Ding Kuiyong, after the meeting. He will coordinate the transformation routes for each party according to the company's needs and sign agreements in advance to make your transformation path more secure."

Su Xin's words made many people's minds stir.

It is true.

Many supply chain companies have fallen into desperate straits because fuel vehicles have been abandoned, and the original Liquid Lithium Battery suppliers are no longer needed with the sudden emergence of the Thor Battery.

If they want to transform, not to mention the heavy losses, it is uncertain whether they can secure orders for the Thor Battery after reinvesting in new production lines; the competition is too great, and the risks are too high.

If they do not transform, they will have to face bankruptcy.

And now.

With Su Xin's promise, it is equivalent to confirming Tianqi Energy's demand in advance, signing contracts in advance, and then transforming in a targeted manner according to the contract, which means there is no risk at all.

This is equivalent to having a stable sales channel before the factory is even opened, which is a huge guarantee for any manufacturer.

Although there will still be significant losses during the transformation, it is much better than facing the desperate situation of bankruptcy.

Coming to this summit forum was indeed the right choice!

Many people were secretly delighted.

And for Su Xin, the main purpose of this summit forum actually lies here—

To urge the upstream supply chain to transform according to his needs and provide him with sufficient raw materials, thereby ensuring the stable mass production of the Thor Battery.

The risks, losses, investments, and energy during the company's transformation process are all borne by the suppliers themselves; he only needs to sign the contracts and secure the various raw materials he wants.

There is no help for it; who told him to possess such a monopolistic core technology as the Thor Battery.

Whether it is the upstream raw material suppliers, the midstream power battery manufacturers, or the downstream car companies, they all have to let him hold the reins.

Because he has too many choices.

And they only have him as their sole choice.

Of course, precisely because his position is so important, Su Xin must present a fair, just, and neutral stance, letting everyone have hope and letting everyone have a piece of the pie, so that he can gain the joint support of all upstream and downstream manufacturers.

Otherwise, if he were to boss other companies around and suppress them wantonly by relying on this core position, it would surely lead to everyone rising up to attack him.

This is also another important reason why he convened the summit forum to make a public statement.

……

The entire summit forum continued amidst the enthusiastic discussions of the executives from various car companies.

At noon, the high-level chefs arranged by Tianqi Energy prepared a sumptuous lunch in the No. 5 Multi-functional Exhibition Hall of the Tianjing International Convention and Exhibition Center.

More than three hundred executives from the automotive industry and over one hundred media personnel dined here together.

At two o'clock in the afternoon sharp.

Everyone returned to the No. 3 Conference Hall.

After the two-hour break just now, everyone had basically recovered their physical strength and spirit and continued to discuss enthusiastically.

The more than one hundred companies and over three hundred executives present were almost all the most well-known and representative figures in every link of the automotive industry, from source to terminal.

The content discussed by everyone, besides cooperation with Tianqi Energy, was more about taking this opportunity to standardize industry standards for new energy vehicles and promote healthy competition and cooperation among everyone.

For example.

From the platform architecture of the entire vehicle to the charging interface, only when various standards are unified will it be more conducive to the cooperation between upstream and downstream enterprises.

Especially for the Thor Battery.

As a newly launched product, and a core product that all car companies are scrambling to cooperate with, the voltage platform it adopts, its shape, and the type of interface it uses all need to be matched by all vehicle models, rather than just being placed in the car at will.

Therefore.

In order to reduce design and R&D costs and shorten the development time of new models, it is best for major car companies to have Tianqi Energy directly produce different models of the Thor Battery that adapt to various mainstream needs, rather than identical industrial products.

If a car is compared to a water pipe in a home, the shapes produced by different car companies are all different; some are round, some are square, some are triangular, some are larger, and some are smaller.

And Tianqi Energy is equivalent to the main valve that every household must install, and the water pipe of every household must be connected to it.

If he only produces valves that fit round water pipes, then all companies must replace their production lines and switch to producing round water pipes.

This requires huge capital costs and time costs, which will invisibly make them lag behind companies that already produce round water pipes.

Conversely, if Tianqi Energy produced several more models at the factory, allowing all major car companies to adapt them directly, or only requiring simple modifications to adapt, it would undoubtedly be much more convenient.

Regarding this, Su Xin readily agreed.