I’m Almost Losing to a Muggle

On March 1, 2017, the president of Fenghuang Finance had a dialogue and invited Li Bing, president of Rongche.com, founder and chairman of Future Auto.

This entrepreneurial veteran driver founded Rongche in 2000, and led Rongche to go public in the United States after 2010. Rongche became China's first overseas listed automotive Internet company.

At the end of 2014, Li Bing decided to go on the road again because he took a photo of the extremely severe smog on his balcony. He founded Future Auto, positioning himself as an international smart car company and competing with Migo’s Last.

Last year, the future car, which had not held a conference, finally held its first conference in London.

At the press conference, NIO released 6 pure electric super sports cars with a power of 1,360 horsepower, which will compete with old super sports cars such as Ferrari LaFerrari, McLaren P1, and Porsche 918.

All of a sudden, Li Fing became a man of the hour.

This year's President's Dialogue program specially invited this sweet pastry in the capital market.

At the beginning, I mainly talked about Li Bing's entrepreneurial struggle, and some issues of business philosophy.

Later, the host couldn't help but asked about the cat factory.

Actually, I have been in contact with the cat factory for a long time. Li Bin didn't mind taking a little interest in the cat factory.

Moreover, talking about the cat factory in his personal interviews only makes people think he is broad-minded.

What kind of contact is it? The beautiful host suddenly became interested.

About the beginning of last year, I met Mr. Pei Qianlong, Vice President of Group Strategy of Cat Factory... Li Bing said.

He didn't pay much attention to Pei Qianlong back then.

It's only been a year~

I heard that Mr. Pei is very young. The female host's eyes lit up.

Yes, I was in my early thirties. At that time, I was talking about the business of sharing bicycles, which left a deep impression on me. Haha, it was very difficult. Li Bing said with a smile.

Difficult? Why do you describe him as difficult? Their program has always wanted to do an exclusive interview with the owner of the cat factory.

However, this is almost impossible to achieve.

No one would reveal the identity of the owner of the cat factory.

The last thing you want to be exposed is the competitors of the cat factory. Think about it, a boss who is not doing business properly has made his career so far. If he can't act and concentrate on his career-that is simply a disaster disaster.

We will be in a hurry with anyone who dares to reveal the real identity of this guy.

Let's borrow a friend's evaluation of Mr. Pei. Everyone says he is so smart and close to a demon. Li Bing said.

This is a comment on Zhuge Liang.

Yes, it's not unreasonable. Throughout the development of the cat factory, Mr. Pei has definitely played an important and key role. Li Bing admired and envied.

He's not jealous that Eunuch Pei is smarter than him.

Instead, he is jealous of Boss Lin, why can't such a person be used by him.

He didn't understand why such a person, instead of starting his own business, insisted on helping others.

Don't worry about money.

As long as Pei Qianlong decides to start a business here, and he shouts that I want to raise money, a lot of capital will come running over with money waiting for him.

What about Vice President Chen Xiaoman, she seems to be the person in charge of the Cat Factory's new energy vehicle project. What do you think are the advantages of the Cat Factory's new energy vehicles, and what should be paid attention to? The host can't gossip about Pei Qianlong all the time .

As a woman, she naturally hoped that the topic would revolve around female executives of the cat factory like Chen Xiaoman or Shi Shanshan.

Moreover, both Chen Xiaoman and Li Bing are in the new energy vehicle industry.

It is more in line with today's interview topic.

Mr. Chen's position in the cat factory seems to be the executive vice president, in charge of internal affairs. However, he has recently begun to take over the project. Meow car is the first big project she accepted. I don't have much contact with her, but the new energy of the cat factory I have come into contact with Liu Xia, the director of the automotive project, and he is considered a senior person in the industry.

It seems that the cat factory is full of talents. The host nodded.

Yes, but the current cat factory, I think their biggest advantage is technology. It is hard for us to imagine how long the cat factory has been preparing for this area, and they have acquired two giants of new energy vehicles at the beginning. His technology is a bit ahead of Migo's Last, which is unmatched in China. Li Bing was very frank.

Belittling your opponent will only make you more embarrassed, and raising your opponent up will make it more natural and can be forgiven if you lose.

Our future car... the host asked.

Future cars are not comparable. There is a certain gap. We still have a lot to work on. We are currently seeking to place an order with the battery factory of Maochang. Li Bin said with a wry smile.

Take the ES8, the model they plan to launch this year.

ES8 is a full-size 7-seater SUV with high-power electric four-wheel drive and air suspension. This is a configuration prepared for family outings or self-driving tours.

In terms of power, it is equipped with front and rear dual motors and a four-wheel drive system. The maximum output power reaches 650 horsepower, the comprehensive peak torque is 840 Nm, and the acceleration from 100 kilometers to 100 kilometers is only 4.4 seconds. It is matched with a 70kWh liquid-cooled constant temperature battery pack.

None of this matters to ordinary people.

The key is that under constant speed conditions of 60 kilometers per hour, the maximum cruising range exceeds 500 kilometers, and the cruising range under comprehensive working conditions is 355 kilometers.

It is much worse than that of the cat factory.

According to the actual measurement of Future Auto, in the 120km/h constant speed cruising range test, the ES8 has a cruising range of 226 kilometers.

If it is a family with luggage and full of people, it will not even reach 200 kilometers.

It is far from the claimed 355 kilometers.

It is the heart of a high-end SUV and the life of a scooter in the city.

Under the same conditions, the cat factory is said to be able to reach more than 400 kilometers safely-if it is not bragging, this gap will not be able to keep up with the exhausted cars in the future.

And the cat factory can reach 80% of the power in 30 minutes, and the car in the future will need at least one hour, and it will take three to four hours for slow charging.

Another embarrassing gap.

This is actually nothing.

What is even more embarrassing is the price. The first batch of ES8 Founding Edition models is priced at 548,000 yuan. According to the subsidy standard in 2017, it will cost 475,400 yuan to buy in the capital. It is mainly for future car-related founders and friends. The sale of 10,000 units has already been fully booked.

The price of the benchmark version of the ES8 model is 448,000 yuan. According to the 2017 subsidy standard, it needs 375,400 yuan to buy in the capital.

The SUV from the cat factory is 300,000 yuan, which is the price before subsidies.

Lower prices, longer battery life and charging speed have made future cars fall into an unprecedented embarrassment not long ago.

The original 10,000 cars are okay, they are all friends or investors.

They will not unsubscribe under any circumstances.

However, these pre-order customers of the benchmark version set off a frenzy of unsubscribing.

About 17% of customers chose to unsubscribe.

Future Auto announced a temporary price reduction to stabilize the remaining customers.

Li Bing had no choice but to be honest about the gap between them, otherwise, he would definitely be treated as a clown sitting here.

Last month, the number of updated words exceeded 200,000, breaking my own record. I will continue to work hard this month, and I hope everyone will continue to support. The goal of this month is to pay off all the outstanding additions. Our baby will be born this month. This goal is very difficult, please ask for a guaranteed monthly ticket to encourage, thank you everyone~