The Ford representative sneered. "Isn't Lin Chen just played by our Ford boss? What's so great about him?"
"Ha, the richest man in China? That's one thing to say in Asia, but in America, the richest man in China can't cause any trouble. How about this, Ford, Buick, and Cadillac will each contribute 30%, and the remaining 10% will be contributed by other small car companies. How about that?"
The other car company representatives exchanged glances and agreed.
Thus, the Meidi Oil Car Alliance was officially established, and its first major task was to overthrow Xiaomi Auto!
A few days later, all the brands of gasoline cars in the US started agreeing to lower their prices. Xiaomi cars, you sell for $19,900, right? Okay, then we'll sell for $15,900!
Don't underestimate this $4,000 difference; in the past, that was the difference between a low-end and high-end car.
Converted to RMB, that's roughly the difference between 110,000 and 150,000 RMB. Doesn't it suddenly feel like there's a whole new level of difference?
The Meidi Oil Car Alliance was waiting for Xiaomi to lower its car prices, but after waiting and waiting, they found that Xiaomi remained unmoved.
Huh? What's going on? Sales of gasoline cars have definitely increased significantly after the price reduction.
There are only so many people who want to buy cars. If the sales of gasoline cars go up, won't the sales of electric cars go down?
After much thought, they came up with a possibility: Xiaomi is currently too busy fulfilling its car orders to handle any price wars.
The more I think about it, the more likely this possibility seems. Putting myself in your shoes, if I had so many orders that they were booked for two months, I wouldn't engage in a price war with you. If I lowered the price, what would happen to the customers who just picked up their cars?
This is similar to Tesla raising prices before delivering the cars. If prices are raised, what about customers who have paid deposits but haven't received their cars yet? How can they feel good about it?
Yes, that must be it.
Now it's their turn to be caught off guard. Although they didn't directly compete with Xiaomi Auto in this price war, some customers who had paid deposits for Xiaomi Auto cancelled their orders and chose their gasoline cars instead.
However, if the price war were to stop immediately, it would also affect the reputation of these car companies.
Sudden price increases or decreases are both very dangerous things.
However, if the price continues to drop, it will take at least two months before it can truly compete with Xiaomi Auto.
How much money will be burned in two months?!
After discussion, the Meidi Gasoline Car Alliance decided to go all out against Xiaomi Auto! With so much capital in the gas car industry combined, are we afraid of not having enough money?
Lin Chen already knew about the Meidi Oil Car Alliance and had seen that Xiaomi Auto's withdrawal quota was constantly increasing, but he wasn't worried at all.
Lucy wanted to say something more. As a veteran who had been with Tesla since its early days, she had witnessed firsthand how Lin Chen remained calm and composed when Tesla faced customer order cancellations.
But before she could even speak, she remembered the time she'd been humiliated before. She decided to show Lin Chen just how capable he really was.
As time passed, the battle between oil-powered cars and electric cars seemed to have vanished into thin air. But those in the know understood that this was not the end, but the calm before the storm.
Previously, the American oil car companies were also planning to unite and destroy the still-developing Tesla. However, Musk and Trump are good friends, and Trump secretly intervened to give these oil car companies a warning.
These gasoline car brands saw that Tesla posed little threat and was more like a bottomless pit of money, so they gave Trump face.
This time, although Musk had spoken to Trump before his round-the-world trip and asked him to look after Trump, after all, Lin Chen had spent at least a billion dollars unnecessarily on Tesla, which was a great favor to Musk.
Trump agreed, but he knew that the Chinese government was behind Xiaomi, so he couldn't interfere on matters of principle. Remaining neutral was already a favor to Musk.
Therefore, he did not intervene in the establishment of the oil car capital alliance this time, but simply watched quietly from behind.
Finally, after two months, Xiaomi Auto officially exited the pre-sale phase, and the production speed was now keeping up with the order fulfillment speed.
Of course, we also have to thank the Oil Car Capital Alliance. Their crazy price cuts caused some Xiaomi car customers to cancel their orders, and also made some hesitant customers turn to oil cars.
However, just as the oil car capital alliance was waiting to see Lin Chen burn money and wage a price war with them...
Suddenly, a piece of news shocked them greatly.
A new energy electric vehicle from China's FAW Group has officially begun exporting to the United States. It's called the TC mini and is priced at $9,900.
This completely stunned the Meidi Oil Car Alliance.
Why would they even bother competing at that price? 9,900? Wouldn't that mean losing tens of thousands of dollars per car produced?
So these financial tycoons couldn't sit still any longer and went to Trump.
"Mr. President, how can you allow FAW Group of China to export cars to our American market?"
Trump looked at him speechlessly.
"All their procedures are legal and compliant, how can I refuse?"
"Then just make up any excuse to refuse. What are we car companies supposed to do?"
"If I refuse to allow FAW Group from China to enter the US market, can China then refuse to allow Ford, Buick, and Cadillac to export to China?"
"Ah, this..."
This sentence immediately brought these oil car capital tycoons to their senses. Yes, the Chinese market is the largest export market for their brands' global deployment.
If the Celestial Empire rejects these oil trucks, how much money will they lose every year!
These people came in a huff and left dejected.
Trump watched their retreating figures and sneered.
"Guess why it's called TC mini? A bunch of brainless idiots."
In a very short time, TC mini has captured the market share of low-end cars from Xiaomi. Moreover, Xiaomi Auto has announced that TC mini can use all Xiaomi Auto charging stations, but users will need to pay for electricity.
Because TC mini targets low-income people, who generally cannot afford to buy a house, they are also unable to install charging stations.
But if all TC minis could use Xiaomi car charging stations, that would be so much more convenient.
Xiaomi Auto took over all the charging stations previously set up by Tesla, and later added some more themselves. It can be said that any shopping mall with a Tesla store will definitely have a Xiaomi Auto charging station in the underground parking garage.
It was only then that these oil car capitalists realized this.
Wait a minute, are this TC and that TC the same TC?
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