Rebirth of England.

First of all, Tianhe Capital wholly owns the shares of Nanjing Automobile Group, and Nanjing Automobile Group also has a joint venture with British Motor Group in China, TRW British Automobile.

The British Motor Group is a major shareholder of Tesla, a well-known electric car company...

Before Li Lu acquired ATL's shares in CATL, he promised Zeng Yuqun when he met with her:

If CATL's power batteries meet the requirements, she can help to make connections and get Tesla to try using CATL's batteries.

In the original time and space, CATL became a supplier of Tesla in 2020.

Tesla's battery supplier at the time was Panasonic, and later Tesla and Panasonic jointly invested in building a battery factory in the United States.

The cooperation with Tesla also allowed Panasonic to quickly become the world's leading battery manufacturer.

However, Panasonic is not living up to its expectations and its battery production capacity cannot keep up with Tesla's pace.

In 2019, Musk said on Twitter that the production capacity of the above-mentioned battery factory was restricting the growth of Tesla Model 3 production.

In addition to the tense relationship with Panasonic, cost demands also prompted Tesla to consider adding new suppliers in China, which led to the cooperation between Tesla and CATL.

Although the British Motor Group also has a battery production plant, Barron understands that in the end, if it comes to a cost competition, it will definitely not be able to beat CATL by building a factory in Britain or Europe and the United States.

Therefore, the battery factory in the UK does not plan to expand its scale. It only serves as a production plant for high-end batteries developed and provided to high-end brand electric vehicles of the British Automobile Group, such as Aston Martin, McLaren or Bentley's electric models.

As for other electric vehicle models, they will also consider cooperating with CATL, or even establishing a joint venture to build a battery factory.

This is also the reason why he instructed Tianhe Capital to hold shares in CATL.

In this case, it would be better to intercept Panasonic in advance and push CATL to cooperate with Tesla in advance to jointly build a factory in North America - by then, the British Motor Group would not mind taking a stake.

As for BYD, in which Barron holds shares, it entered the power battery field earlier than CATL and seems to be a better partner...

But the problem is that BYD is not only a battery supplier, they also manufacture electric vehicles, and in the future their scale will be comparable to Tesla.

Baron knew that in his previous life in 2014, BYD would announce that the power batteries it produced would not be sold to the outside world!

At that time, BYD tried to use this move to block other electric car competitors...

This can be said to be an assist for CATL - at that time, CATL took advantage of the strategic mistakes made by its competitors and, with the support of policies, it quickly won over a number of customers including BMW, Mercedes-Benz, BAIC, Great Wall, Geely, Hyundai, etc., and its production capacity soared. Finally, in 2017, it became the world's largest battery supplier!

Even if Barron holds shares in BYD, it is inevitable that BYD will no longer supply power batteries to the British automotive group after it enters the electric vehicle field...

This is also the reason why he not only needs the British Motor Group to have its own battery production capabilities, but also starts investing in CATL.

In addition, Tianhe Capital's acquisition of CATL's shares is also a need of Nanjing Automobile Group, which is wholly owned by them.

From this time on, China has also vigorously supported the production of its own brands of automobiles.

For example, automobile groups with joint ventures such as SAIC, FAW, and GAC have also begun to launch their own brands. The more familiar ones include SAIC MG, FAW Bestune, and GAC Trumpchi...

The same is true for Nanjing Automobile Group. In addition to its joint ventures with foreign companies such as British Motor Group and Iveco, they also launched a new brand independently developed by Nanjing Automobile Group this year - Kirin.

Of course, like many Chinese auto companies at the beginning, the first model launched by Nanjing Qilin, the BX1, is about % similar to the Land Rover Shanhai launched by its joint venture...

This is normal. After all, the automobile industries in the United States, Japan and South Korea all started with "copying" in the early days, and went through a process from copying to absorption, and then to independent research and development.

Because China's automobile industry started later and is subject to many restrictions, it has only now reached the stage of "paying tribute to the classics", but it will definitely go through these processes later.

As a tough SUV model, the BX1 of Nanjing Qilin uses an engine produced by the Cosworth factory in China under the British Motor Group. The overall performance is still very good among family SUVs, and the price is between 13.88 and 19.88 yuan, which can be said to be very cost-effective. In the second quarter of this year, this car became the top three domestic SUV sales, which can be said to be a great success.

After the successful launch of the Qilin SUV model by Nanjing Automobile Group, they will also launch a sedan model next year. This sedan will be a compact electric car and will use power batteries provided by CATL.

It is also because of the resources that Tianhe Capital has that CATL has no objection to them buying 15% of their shares from ATL. Instead, they will welcome Tianhe Capital, a Chinese capital, to become their shareholder.

Of course, the investment in CATL is one aspect of Tianhe Capital's layout in the electric vehicle field.

Immediately afterwards, Tianhe Capital announced its cooperation with Baidu, invested 5000 million yuan to set up an intelligent driving research laboratory, and launched the "Apollo" project to study intelligent driving solutions.

In the original time and space, Baidu began to form a driverless car-related team in 2013, established an autonomous driving department in 2015, and began to cooperate with BMW to conduct driverless car road experiments.

The addition of Tianhe Capital has slightly advanced Baidu's progress and has enabled it to begin developing related fields in China.

The British Motor Group itself has an intelligent driving research project in London in conjunction with Barron's AI laboratory, and has already achieved some research results. However, research in this cutting-edge field naturally requires investment from multiple parties to ensure a greater chance of success in the end.

And Barron knew that in his previous life, Baidu's intelligent driving project achieved very good results.

……

Barron returned to London from Colo before the London Olympics closed.

Shortly after returning to England, Barron visited Chatsworth House again. During the time Barron was in Colo, Fan Bingbing brought their children Andy and Belle to London to watch the Olympics.

At this time, Andy and Belle are almost five and a half years old. They have perfectly inherited the beauty of Fan Bingbing and Barron. They look like a pair of beautiful girls and are very lovable.

At this time, Fan Bingbing's status and position made her no longer care about her children being made public - after all, she is now in charge of the investment decisions of Tianhe Film and Television, and she has not appeared in a film or TV series for a long time and is basically in a retired state.

Of course, there is no need for her to push her son and daughter to the forefront. There will naturally be a lot of broadcast footage of the London Olympics, but she will not deliberately avoid it.

As for who the father of the child is...

She believes that even if the media has speculations and suspicions, they will not report them. This is her confidence now.