Not to mention the heated discussions online, the two parties involved were also busy in reality. Musk had to connect with the team coming from Magnesium, while Xia Yu turned into a master of time management, first sending his senior sister back to Hengdian, then sending Xiao Jiang to the airport, and finally sending his parents back home.
This is still due to the home advantage. If it were in Magnesium, we would really be unable to cope with it.
Time flies and it is June 30th. Major domestic mainstream media and even many international media have gathered at the press conference in Shanghai in order to get first-hand information.
At 9:00 a.m. sharp, the press conference officially began. Xia Yu and Musk appeared at the same time. They were both dressed casually, without bow ties or neckties. The biggest difference between innovation and conservatism is that there are no such red tapes, and everything has to give way to products and technology.
There was a table at the press conference, but Musk preferred to hold press conferences while standing, just like he used to stand to introduce his new cars and second-hand rockets.
Xia Yu stood nearby. He had only attended one press conference in front of the media, so he still had to learn from Ma how to introduce (and promote) his own products.
"OK, let's get started. During my time in China, in addition to attending a graduation ceremony, I also reached a cooperation agreement. Tesla will conduct extensive and in-depth cooperation with Jierui Power throughout Greater China and even throughout Asia."
Musk is a man of few words. He went straight to the point and announced the establishment of a cooperative relationship between the two parties, which caught the media in the audience off guard.
But the dust has settled, hasn't it?
In April this year, when Daimler-Benz announced its cooperation with Jierui Power, some people predicted that Tesla, which invested in building an overseas branch in Shanghai, would also become a partner of Jierui Power.
It is normal for excellent products to be sought after and excellent companies to be pursued, but only two months have passed. Is Tesla so impatient?
If it was just a 1.0 battery cell, Tesla would have had initial contact with JETRO, leaving a good impression, and that would be it.
Panasonic and LG Chem are still Tesla's largest partners, and many battery companies represented by JERI Power are just backup options.
Things are different now. Xia Yu has come up with the 2.0 battery cell with advanced performance and controllable costs, which will redefine lithium batteries. If Tesla does not cooperate with Jierui Power, countless car companies will line up for cooperation.
In this way, even if they are ahead in core technology, they will be completely defeated in battery life. Musk definitely does not want to see such a scene, so he came with sincerity.
Next, Lao Ma started to praise Jierui Power. Xia Yu felt that he was not that good after hearing it and really wanted to cover his mouth.
"Okay, I've finished what I want to say. The next stage will be handed over to my good friend Xia Yu!"
After discussing the cooperation, it was time for the new product launch conference. Xia Yu raised the microphone to his lips.
"It's a great honor to meet you all again after two months. In addition to announcing the cooperation with Tesla, I also brought you new products at this press conference."
Xia Yu waved his hand, and two employees of Jierui Power brought up a display stand covered with a red cloth.
When the reporters in the audience saw this scene, their keen sense of smell made them instantly excited. Today's press conference was indeed not simple, this was the real deal.
What will be the new products of battery companies besides batteries?
The battery cells currently being produced by Jierui Power already have obvious performance advantages. Such a grand announcement of a new product should not disappoint people!
At this moment, everyone's eyes were focused on the red cloth on the display stand.
"Swish~~"
Xia Yu tore off the red cloth, revealing the battery cell underneath, and the large screen behind him also gave a large picture.
"2.0 battery cell, a brand-new architecture, uses gel polymer electrolyte, has an energy density of 400whkg, and an ultra-long cycle life of over 2,000 times. Most importantly, the cost is controllable!"
After Xia Yu's brief introduction, the entire press conference fell into silence, and then burst into thunderous applause.
The media that can come here all have an in-depth understanding of lithium batteries and new energy vehicles, and they know what these numbers represent.
Traditional battery companies will usher in a new round of reshuffle, the endurance advantage of fuel vehicles will be further weakened, and fuel vehicle companies will suffer a more brutal blow.
"Jierui Power's second-phase plant construction has been completed, and the production line has been laid out. It will officially start mass production of 2.0 battery cells. It is expected that the production capacity will reach 5GWh in 2020. With the subsequent integration of branch factories, the production capacity will be increased to 20GWh in 2021!"
Xia Yu continued to reveal shocking information, saying that no matter how advanced the technology is, it will be useless if the production capacity is insufficient. For this reason, he spent tens of billions of dollars to solve the problem from the root.
Everyone present admired his courage and his willingness to invest most of his wealth. His crazy energy was no less than Musk's. No wonder they became friends.
Xia Yu wanted to say that most of his wealth was not spent. The 10 billion was just a number on paper. Among them, 2 billion was the bank loan. According to the construction progress, half of it had not been spent, or it had not been settled yet.
Who among the wealthy would use their own money to start a business? Wouldn’t it be better to use the money that ordinary people save to buy a house?
Of course, if you don’t pay back what you owe, you are a deadbeat. A conscientious company can only ask for some interest rate discounts, which is not too much!
It's not excessive at all. Spending 10 billion will have a real stimulating effect on the economy. Compared with that, the interest rate is nothing.
Nearing 11 o'clock, the joint press conference of Jierui Power and Tesla officially ended. The news announced at the press conference spread to every corner of the world through the media.
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