My fintech empire.

Chapter 1468 [The Future of Foreign Cars]

Just after Xingyu Technology launched its two models and received a huge boost in sales, the share prices of the parent companies of the BBA series of cars, including Xiaobenzi's cars, all plummeted that evening, because these foreign car companies have a very high sales share in the Greater China market.

Every time Xingyu Technology's SCN-3 and SCU-3 are sold, it basically means that one less car of these foreign brands will be sold, especially the BBA series cars.

Before this, the domestic brand BYD rose, but the BBA series of cars did not care, because BYD's products were mainly in the market below 30 yuan and could not cause any substantial impact on the BBA series of brands.

But now, the N3 and U3 under Xingyu Technology have been launched, aiming at the mid-to-high-end market. With a price range of 37 to 50, they are directly competing with the BBA series of cars.

The current situation is that the threat posed by Xingyu Automobile to them is obvious and even imminent.

The first batch of 3 reservations for N3 and U8 at this price range were sold out in seconds with full payment, indicating that the upper limit is far from being reached. With such market recognition, if the production capacity problem is solved, it will be a huge success.

Cars such as the BBA series account for a very large proportion of revenue in the Greater China market. Now, the local brands of the Eastern giant are rising strongly, and have reached the peak as soon as they debuted. After everyone has seen the N3 and U3 cars, their competitors feel very desperate.

For traditional car manufacturers who are still holding on to fuel vehicles, this is no longer a matter of being ahead of one or two generations, but a matter of being ahead of them by an era.

As some netizens said, this is Nokia when the era of smart phones arrived.

Other aspects may be a little exaggerated, but Xingyu Technology's intelligent driving system is definitely ahead of them by an era. Moreover, among the Western car companies, except for Tesla, which has not fallen behind, other foreign traditional car manufacturers have completely fallen behind and cannot keep up.

Even Elon Musk's Tesla lags behind Xingyu Technology in terms of intelligent driving, and the gap will widen further in the future.

Because in the future, Xingyu Technology will use the data generated by this huge population market of 14 billion to train large AI models, and the amount of data alone is not on the same order of magnitude.

For example, the BBA series of cars and the manufacturers behind them, or the small-name Toyota, there are only two possible fates for their future.

The first fate is the worst, which is facing a merger and acquisition by a car company from a big Eastern country. It may not be acquired by Xingyu Technology, but it will definitely be acquired by other domestic business groups.

The second fate is to embrace Xingyu Technology's intelligent driving system. If the countries behind them are obedient, they can be rewarded with a living, and that is to join Xingyu Technology's intelligent driving system to get this living.

Xingyu Technology has a clear strategic plan. It only focuses on the mid-to-high-end automobile market and leaves the rest to other automakers. However, these automakers have to use Xingyu Technology's intelligent driving system. Xingyu Technology empowers these automakers and is equivalent to the Microsoft Windows system for the automotive industry.

Those foreign traditional automobile giants, including some joint venture cars in the mainland, really have no chance at all, because smart driving is a certainty of the future, and they can't handle it.

They can't even compete with manufacturers like Xingyu Technology and BYD in terms of motors and batteries, let alone smart driving systems and artificial intelligence. BYD is even weaker in smart driving, let alone them. How can they compete with Starry Sky?

Therefore, there are only two possible outcomes for their future: either they are acquired and restructured, or they cling to Xingyu Technology. There is no third way because the third way is a dead end, which means bankruptcy, which may be even worse than Nokia.

In the future, as space solar power stations are put into operation, it will be a luxury to even achieve Nokia's current outcome.

What is the direction of the current world situation and the major changes that have not been seen in a century?

That is, the East rises and the West falls. The rise of the Eastern power in all walks of life and aspects, especially the rise of high-tech and high-end industries is inevitable. Automobile manufacturing is the "king of industry", an important pillar of the economy and industry of a modern industrial power. The Eastern power is bound to stand at the top of the world in the field of automobile industry manufacturing.

As a country with the strongest industrial capabilities in the history of human civilization, wouldn’t it be an international joke if it didn’t have any outstanding local super brands in the automobile manufacturing industry?

Even if there was no Xingyu Technology, other brands would have risen.

If Xingyu Technology does not enter the automotive field, it is possible that BYD will eventually rise and become the face of the world's super brand in the local automotive industry. If it were not BYD, another automotive brand would have risen, because this is the general trend, and the country will definitely support a super brand.

……

However, at present, the SCN-3 and SCU-3 models launched by Xingyu Technology are selling well and have long dominated the news.

This made many companies outside the automotive industry excited and they wanted to come in and get a piece of the pie. Seeing that Xingyu Technology had reached the peak as soon as it made its debut in the automotive industry and was so successful at the first try, many people were really excited.

Let’s not talk about other people for now, but Lei Jun can’t sit still anymore.

Xingyu Technology is good at playing with smartphones, and now it is also good at playing with cars. Lei Jun thinks that Xiaomi is also good at playing with smartphones. Since Xingyu Technology can do it, Xiaomi can definitely do it too.

Lei Jun really has the idea of ​​cross-border car manufacturing. If he can't compete with Xingyu Technology in the high-end market, can't he try his luck in the mainstream market?

After looking at the two cars, SCN-3 and SCU-3, Lei Jun did not want to compete with Xingyu Technology in the high-end market. He would definitely not win, and the outcome might be even worse than that of the smartphone industry.

At present, since its return to the smartphone industry, Xingyu Technology has suppressed its competitors including Apple in the high-end market. The STAR6 released this summer as the first 5G mobile phone once again leads all its peers. Apple has not yet launched 5G, and it is certain that it will not be able to launch 5G this year.

It has to be said that the great success of Xingyu Technology's cross-border car manufacturing has attracted the attention of many well-known large companies. Seeing that Xingyu Technology has succeeded in this path, cross-border car manufacturing does not seem as difficult as imagined, and they instantly have a sense of déjà vu that they can do it too.

This is how the domestic business circle works. Once it is confirmed that a certain track can make money, a large number of people will quickly flock in and then squeeze it to death. Within a few years, the blue ocean will be turned into a red ocean.

There is one industry that is super typical, and that is the photovoltaic industry.

Two or three years ago, the photovoltaic market was still a blue ocean with huge demand, but now it is almost reaching overcapacity. This is when Qunxing Capital invested frantically to lay photovoltaic panels next to the desert in the northwest, including the huge demand for photovoltaic new energy in the infrastructure project of Matrix Quantum's integrated storage and computing power center, and also when it went to the homes of the rich in Sat to lay photovoltaic panels.

Logically speaking, the market should be in a situation of tight supply now.

In fact, we are almost facing overcapacity!

The photovoltaic industry is getting more and more competitive. There is no limit to the competition, and everyone is competing to the death. Several large photovoltaic manufacturers have already turned their attention to space and anchored space solar power stations. They have already started to compete in advance and want to get orders for space solar power stations in the future.

We have not thought about building a space "Galaxy City" at the more distant Earth-Moon Lagrange point L1. After all, that is something that will happen or years later, and it is still unclear whether the company can survive until then. However, the space solar power station is different. It has been confirmed that it will be built, and its economic and technical feasibility have been verified.

If it's faster, maybe we can start this super space project in five years. Five years will pass in a flash. How can we not be aggressive? What if we lose the bid by then?
……