When it comes to electric vehicles, research and application actually began as early as 20 years ago.
However, because developed regions abroad do not lack oil, electric vehicles declined again after only a few years of rapid rise.
Ultimately, it boils down to a few issues, including production costs, battery life, and safety.
However, this topic has been continuously studied by major car companies and has not ended.
Even in China, electric vehicles have been under development since 1999, and now the electric bicycle industry is entering a period of rapid development.
This year marks the year that Japan produced its first hybrid vehicle, ushering in the era of new energy vehicles.
Now that Su Wu has money in his hands, he naturally can't let his good life be the only one enjoyed by others.
Furthermore, with domestic efforts also focused on developing in this direction, he doesn't want foreign capital to rot in his own country.
The main factors driving the development of new energy vehicles are electric drive systems and power supply systems.
Once these two problems are solved, development will not be difficult.
Su Wu happened to possess this skill.
With the current chip technology of Ruyang Technology, many problems can be solved perfectly.
For example, power controllers, power converters, and energy management systems.
Su Wu has always been a man of action, and he did not hesitate to communicate his ideas to the higher-ups.
After obtaining the above approval, we immediately began to take action.
HK financial platform officially launched its first financial fund on Christmas Day and promoted it extensively.
With the successful launch of Xiao Rizi's first hybrid vehicle, this project has been viewed favorably by many.
Su Wu is now essentially using the world's money for research and development; it just feels different.
While foreigners were busy celebrating Christmas, China hosted a unique and grand gathering.
Industry leaders from the battery and automotive sectors gathered together at Su Wu's invitation.
On this day, the Sihai Hotel was bustling with activity like never before.
The large venue was bustling with people, who chatted happily with each other.
They discovered that not only their peers were present, but also senior executives from the renowned Ruyang Technology.
Meanwhile, Peter Ma, Billy Ma, and others all arrived. With their shrewd and charming abilities, they naturally gathered a lot of people around them.
"Peter, what brings you and your brother here? Isn't this a new energy seminar?"
"Hehe, we are special guests, but the host is my brother Su Wu."
"Su Wu from Huachao Computers? He's a TV host?"
"Your information is outdated. My brother is the big boss of Ruyang Group. Don't you know that?"
"Holy crap, is he planning to get into cars?"
"He's here, just you wait and see."
Just as everyone was wondering what was going on, Su Wu stepped onto the stage.
Su Wu looked at the industry leaders below the stage and forced what he thought was a bright smile.
"Thank you all for coming. I am Su Wu, the organizer of this gathering."
"I won't go into my specifics, as I'm sure everyone is already familiar with them. The first thing I want to mention is the HK New Energy Fund; I wonder if anyone is familiar with it?"
Upon hearing this, everyone turned their attention to it.
They had indeed heard of the HK financial fund, after all, it had been in the news.
"It seems that everyone has heard about this. We, Ruyang, have now cooperated with Hong Kong and secured a fund of US$3 billion to support the research and development of super lithium batteries and new energy vehicles."
These words shocked everyone present.
At this moment, they finally understood why they were here.
$3 billion is no small sum, and everyone's eyes lit up.
Su Wu nodded in satisfaction, and the conversation continued.
"In June of this year, Xiao Rizi successfully developed a hybrid vehicle, as I'm sure everyone has seen. New energy is a concept proposed by many countries, and new energy vehicles are inevitably one of the important aspects of this development..."
Once he started talking, Su Wu began to recount his story at length.
He prepared for today's speech for three whole days, almost driving himself crazy.
"Our company, Ruyang Technology, plans to develop new energy vehicles in China. Of course, we are also aware of our limitations; everyone here is an expert in both the battery and automotive fields. Therefore, we hope to invest this money elsewhere and develop together..."
Su Wu came not to show off, but to share.
The big shots who were initially a little sour all perked up at this moment.
This was indeed something they hadn't expected, and they were understandably shocked.
However, everyone is completely clueless about new energy vehicles and doesn't know how to proceed.
Su Wu stopped speaking, and everyone began to discuss it, with a buzzing sound from the audience.
After waiting a while, seeing that they had almost finished their discussion, Su Wu spoke up again.
"Everyone, this is indeed a new topic. However, we at Ruyang Technology have already made some breakthroughs."
"We have researched entirely new lithium batteries, but of course, it will take time to turn theory into reality. Similarly, we have also researched new energy vehicles, which also requires everyone's joint efforts to achieve."
His words, which were sure to shock the audience, immediately caused an uproar.
I've seen Versailles, but I've never seen anything like this Versailles.
If you've already done the research, why did you call us here?
Su Wu smiled and gestured with his hand, "Everyone, the reason I've gathered you all here is to seek like-minded partners to share technology and resources so we can all develop together."
"Please trust Ruyang Technology. We have achieved another breakthrough in chip technology. We have started to independently develop SOC chips, which will be the key to the development of new energy vehicles."
What is a SOC chip?
Not to mention anyone else, even Gao Qiang was completely bewildered.
His smile froze on his face, filled with bewilderment.
When did they start developing SOC chips, and what are they for?
A bigwig in the automotive industry next to him couldn't help but ask, "Mr. Gao, what is SOC?"
"Ahem, it's a kind of chip, you hear what our boss said." Gao Qiang looked embarrassed when asked.
Seeing more and more eyes on him, he quickly came up with a plan and shouted loudly.
"Mr. Su, why don't you talk to everyone about SOC chips instead?"
Seeing Gao Qiang's face turn completely red, Su Wu found it amusing and nodded.
"Ladies and gentlemen, a SOC chip is an integrated circuit chip, which, broadly speaking, is a miniature computer system and a key product for future intelligentization. This type of chip can be used not only in smart TVs but is also an indispensable component of electronic controllers for new energy vehicles..."
Su Wu explained the SOC chip, which ultimately boils down to the fact that Ruyang has already grasped the lifeline of new energy vehicles.
At that moment, the entire venue erupted in cheers, utterly shocked.
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