Chapter 624 Late Stage

The group will hold a super large team-building event in June.

This news spread quickly in the company, especially since the big boss personally took out 800 million to subsidize this event.

What does this mean?

There are currently 56,000 employees online in the entire Jinshan headquarters.

800 million means that each of them can get 15,000 travel expenses.

If the company also takes out the money, the travel expenses each person gets are roughly 20,000.

20,000 for three days, of course you can have a lot of fun.

Many people were worried about the company's operating difficulties before, and they were ready to crowdfund to get through the crisis. Unexpectedly, the big boss not only didn't need them to take money, but also took out 800 million at a time for them to play for three days.

This is definitely the largest group with the most exaggerated team-building funds in 2020.

The group planning department also divided this team-building event into many types of travel.

These include resorts, sea tours, etc.

Employees can choose where they like to go.

The travel funds are completely burning, and Chen Pingsheng didn't care about these.

After he transferred 20 billion yuan to Tengfei New Energy, Tengde Times planned to use 8 billion yuan to build a new super battery factory in Guangdong.

Tengfei New Energy plans to further expand its research institute.

Three cities will be re-selected to invest in science and technology industrial parks.

The period from 2016 to 2019 is only the starting stage of new energy.

Everyone relies on financing and subsidies to survive.

From 2020 to 2024, this is obviously the mid-term stage of new energy vehicles.

The overall market share is getting higher and higher. Only those who can outperform this stage will truly occupy a place in the future new energy vehicle market.

Tengfei New Energy not only has to outperform this stage, but also truly become the first in China at this stage.

With the most comprehensive industrial chain advantages, it ensures that it is unique in future competition.

For now, Tengfei is the only company in China that covers the entire industrial chain of new energy vehicles.

This includes battery research and development and production, AI assisted driving, motors, electronic control and other aspects. It has its own core technologies.

In addition, chassis tuning, engine development, gearboxes, etc. in traditional sectors.

It can be said that he has researched and developed every aspect, and the research and development time has been as long as five years.

This year, he will take out another 20 billion to thoroughly consolidate the core advantages of Tengfei New Energy.

Next year, he is expected to take out another 40 to 50 billion.

Tesla's market value of more than 500 billion US dollars has completely stimulated him.

There is no doubt that there is still a certain gap between him and Tesla, and the whole company knows it.

He will never say that he is better than Tesla on the Internet, but it is also a fact that the gap is getting smaller and smaller.

It is expected that in another three years, this gap will be infinitely reduced, even to the point where they are completely similar.

This is very likely, because he has 100% of the shares in Tengfei New Energy.

Others only get dividend shares. If this is completed and listed, it is unknown to what extent his net worth will skyrocket.

When Chen Pingsheng was in a meeting with Tengfei New Energy, he even proposed an overseas strategy for the first time.

The general meaning is to build factories overseas. If you want to sell Tengfei New Energy's cars overseas, building super factories overseas is also an inevitable choice.

Relying solely on the domestic market cannot reflect his investment over the years.

It will not be able to complete internationalization, and its market value will be greatly discounted in the future.

According to his own idea, before Tengfei New Energy goes public, it must build its own super factories in at least two overseas countries.

It has completely completed globalization.

The executive team of Tengfei New Energy, whether it is Yan Donghui, Zhang Qiming, Xu Dong and others.

Now they are full of confidence. A super factory will take at least one to two years from land acquisition to investment and construction.

They will invest this year, which means that they will complete globalization by the end of 2022.

This time is actually very suitable, which not only gives major domestic research institutes another two years to catch up.

It also puts pressure on everyone.

You must know that if you go overseas, there will be no such policy subsidies in China, and you will compete with all cars on the same level at that time.

Everyone is in the starting stage. In this case, you must be able to sell well, that is true globalization.

Selling well only in China is completely a child under the protection of Zhengce.

You don’t say anything else. Fuel vehicles have purchase taxes, but new energy vehicles do not.

Just this one, how many people choose new energy when choosing a car.

Not to mention other subsidies, it can be said that the above is to support the development of new energy.

That would cost at least hundreds of billions of tax revenue every year.

In this case, outperforming those so-called joint venture cars is not because new energy is really good, but simply because it enjoys too many preferential policies.

It's different when it goes overseas.

That's the real participation in global competition, competing with those century-old car companies.

Without the so-called patriotic sentiment, it can still keep up with Tesla in sales.

Even surpassing Toyota and Honda, that's the real excellence.

Chen Pingsheng's goal has always been this, so he never holds any bragging conferences in China, and he will not deliberately publicize his achievements.

Because he knows that all this is far from enough.

Originally, he planned to start globalization two years later, but the increase in Tesla's stock price this year made him prepare to advance this plan.

And the most important thing is that solid-state batteries have already made a core breakthrough.

It is expected that large-scale production will be achieved in three to five years at most.

And this technology will be completely commercialized.

This is the confidence and reason why he wants to expand overseas super factories.

The key is that Tesla's growth is too rapid, so he has enough money to realize his ideas.

Before entering China, Tesla was half-dead and shaky.

It was only after the completion of the Shanghai Super Factory that it was completely brought to the sky.

It can be seen how cruel the overseas new energy vehicle market is.

His determination of the overseas strategy is equivalent to giving everyone a huge pressure.

It is definitely only a matter of time for Tengfei New Energy to be the first in China.

Overseas is different, and you can only win by fighting hard.

Chen Pingsheng arranged Zhang Qiming to discuss the construction of overseas factories. He used to be the senior vice president of BMW.

It is most appropriate for him to do this, and the location of the first super factory must be arranged in a developed country.

North America is undoubtedly the most suitable.

Once the location is confirmed, he will probably invest between 15 billion and 20 billion.

The biggest difference between overseas factories and domestic factories is that labor is expensive and there is no overtime.

If you ask them to work overtime, they will immediately bring up the union to negotiate with you.

Many domestic bosses are still trying to use the domestic system after they go there.

The result is that they are fined to doubt their lives.

If we talk about the biggest advantage of the domestic industrial chain, it is low labor costs.

How low is it?

For the same working hours, our people only have a small half of the salary of others.

There is no problem with such development in the early days. After all, too many people need to eat, and it is not easy to have a job.

It is different now. If you want to participate in global competition, if you still use the advantage of low labor costs.

It will be rejected by most places.

The reason is very simple. For the same worker, you only get 6,000 yuan for working 12 hours a day.

Others have to get more than 10,000 yuan for working eight hours.

They can't compete with you in terms of cost, and the gap is huge.

Since everyone is not competing on the same cost, then we should just conduct anti-dumping.

What does it mean?

Directly prohibit your low-priced goods from entering their country, and use various positive policies to protect local companies.

The same is true for car manufacturing. If you go overseas, you can only follow other people's rules of the game.