Yu Xiangwen looked at Chu Yu, who unfolded the newspaper for him to see. "It's about acquiring shares in a rare metals company."
Chu Yu wants to develop electric vehicles, and the core technology of electric vehicles is Tianchi. Looking at the world, currently only ternary lithium batteries can power electric vehicles.
Chu Yu found a piece of information that said a scientist from an island nation proposed to improve the performance of lithium batteries by using ternary materials and adding lithium cobalt oxide to the positive electrode of the lithium battery. This type of battery is known as a ternary lithium battery.
A Japanese electrical machinery company is developing and producing this type of battery.
This type of battery was later used in various fields.
Currently, Chu Yu has only found this information and does not know where to purchase and develop ternary lithium batteries. However, she suddenly remembered something: in the future, whether Susen develops ternary lithium batteries on its own or purchases them from lithium battery manufacturers, the production of lithium batteries cannot be separated from some rare metals.
Rare metal companies are not exactly popular internationally.
However, they are also indispensable suppliers for battery production. If Chu Yu could acquire these rare metal companies in advance and buy their stocks, then when ternary lithium batteries are widely used around the world, Chu Yu could use rare metals to control battery manufacturers.
After all, some rare metals are supplied by only one or two companies worldwide.
Longcheng, of course, knew nothing about batteries and metals. He was getting sleepy listening to the conversation and wanted to take out his twin swords to practice.
"I have no objection, you two can decide."
Yu Xiangwen had no objections. "If developing batteries ourselves is too difficult, we can import them from abroad. Even a single part for a razor requires several manufacturers to supply it, let alone such a large car. We can't produce all the raw materials; we can only piece together these good components and use our technology and design to create a unique car!"
Chu Yu thought so too.
"As for acquiring shares... go ahead and acquire them if you want."
Stock trading also requires watching the market closely. Yu Xiangwen wasn't very interested in that. Even if Chu Yu acquired the shares, he would still have to buy and sell frequently. They could use that energy to do something else.
It will take at least two to three years for ternary lithium batteries to go from research and development to commercialization.
Chu Yu thought that this period of time was enough for Susen to build the factory, recruit employees, and develop the car.
Developing gasoline-powered cars is difficult, but developing electric cars must be relatively easier. Chu Yu couldn't wait to witness the birth of electric cars.
Susen has already hired designers.
The designer made some plans for the promotion of Susen Future. The three of them read them one by one. Long Cheng found them difficult to understand. In the end, only Chu Yu and Yu Xiangwen were left to study them. The two of them studied them very thoroughly. Yu Xiangwen had been involved in the underworld for a long time and probably had attended a decent university, but he had a very strong comprehension ability.
He's quick-witted and a natural-born businessman.
"You really think we can build our own cars?" Chu Yu was still a little incredulous.
Yu Xiangwen glanced at her, somewhat puzzled, "You can create your own skincare products and clothing, and you can make movies that are praised by many, but you can't make cars?"
Chu Yu still felt that things were different; cars were something unattainable for her.
Hua Chu bought land and built houses in the future. In that desolate seaside city in the South China Sea, he built a forest of steel and concrete with a wave of his hand. He watched the city change because of him and watched the skyscrapers he built become the city's glory. This feeling was also wonderful.
Chu Yu likes local producers because he enjoys the thrill of changing the city and people's lifestyles.
But she never thought of building a car.
This isn't building blocks or playing with models; it's building a real car that belongs exclusively to the Chinese people.
"Have you ever wondered what our Susen cars would look like?" Chu Yu was lost in thought again.
Yu Xiangwen had considered building a black commercial vehicle, similar to a Rolls-Royce, with a calm and understated black color. He had also considered building a red sports car and a high-riding SUV.
Yu Xiangwen wants to take Susen out of China and onto the world stage.
"Why did you decide to build cars when you don't do any other businesses?" Chu Yu had always found it strange. Car companies require a lot of investment in research and development in the early stages, and the returns are slow in the later stages, unlike Yu Xiangwen's other businesses, where money seemed to come from nowhere.
Chu Yu dared to say that Yu Xiangwen and Long Cheng were both indifferent to money.
With so many businesses in Xinyi City, how much cash do the two of them handle every day?
Aside from cash, which of the following makes money faster than the car business: cultural relics, gold, or casinos?
Yu Xiangwen didn't know how to put it. He had dreamed of building cars when he was a child, but starting a car company wasn't just to fulfill that dream. It was just that he had too much money to spend and couldn't transfer it all into American banks one by one.
He has to make some contribution to the country, right?
There aren't many decent car companies in mainland China, are there? Since they have so much money they can't spend it all, they might as well make cars and do something useful.
Chu Yu was dumbfounded. The bigwig of Xinyi City was talking to her about things that benefited the country and the people. Yu Xiangwen was indeed on the socialist path! He truly was a promising talent who was both politically sound and professionally competent!
Chu Yu then took Yu Xiangwen and Long Cheng on a tour of Beijing before sending them to the airport.
Xinyi City needs people every day, let alone when two big shots leave together? Longcheng is afraid that Xinyi City will be slaughtered every day, so he has to rush back to Hong Kong City to quell the chaos!
Chu Yu bought some local specialties from Beijing for them to take home, which Long Cheng disliked. However, despite his complaints, Long Cheng ate them faster than anyone else, showing how hypocritical he was.
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