My Age of Investment

Chapter 1285: New energy subsidy era

   Chapter 1285 The Era of New Energy Subsidies

   "Mr. Xia, congratulations! Tesla has created such an amazing car, taking into account the advantages of performance, price, and technology, it will definitely sell well!"

   Li Shufu greeted him with a smile on his face, shook hands with Xia Jingxing and congratulated him.

  Wang Chuanfu was a little more reserved, but also complimented a few words: "Tesla is opening a new era of automobiles, just like Facebook redefines social networking, revives mobile phones to redefine mobile phones, and redefines cars.

   has taught our domestic auto people a lesson. I never thought that cars could be built like this before. "

   The two kept touting, making Xia Jingxing a little embarrassed.

   He took the two to a nearby high-end Chinese restaurant, ordered a table of dishes, and chatted while eating.

"The Olympian government has given great support to the new energy industry and the auto industry. Many American companies, including Tesla, have obtained government loans. California has also begun to pilot the carbon credits bill, and relevant policies will soon be available in the United States. spread out.

   China also hopes to seize the strategic commanding heights of emerging industries and bridge the century-old gap in the auto industry through technological change.

   I heard that in recent months, there has been a lot of support for the new energy vehicle industry in China? "

Wang Chuanfu put down his chopsticks, picked up a small white wine glass, and touched the glasses with Xia Jingxing and Li Shufu respectively. After he drank the wine with his head up, he slowly said, "It's more than a voice. In January this year, the Ministry of Finance, The Ministry of Science and Technology jointly issued the "Notice on Carrying out the Pilot Work of Demonstration and Promotion of Energy-Saving and New Energy Vehicles".

   announced to carry out pilot projects for the demonstration and promotion of energy-saving and new energy vehicles in 13 cities including Beijing and Modu, and the central government will focus on subsidizing the purchase of energy-saving and new energy vehicles.

   It’s just that the policy only benefits public service passenger cars and light commercial vehicles, with a maximum subsidy of 50,000 yuan for a hybrid electric vehicle and a maximum of 60,000 yuan for a pure electric vehicle.

  I estimate that if you want to get subsidies for private purchase of new energy vehicles, you need to wait until next year or even the year after. "

  Xia Jingxing listened quietly, with thousands of thoughts in his heart.

   The ten-year era of new energy vehicle subsidies has officially begun.

   In this subsidy frenzy, there are those who have been abducted, and there are also companies that really benefit.

   For example, Wang Chuanfu in front of him, he and his company have received a lot of dividends in this subsidy, successfully completed the initial rise, and carried the banner of revitalizing China's auto industry.

   This is inseparable from the personal struggle of entrepreneurs, but also from the gifts of the times and the country.

Li Shufu interjected: "In March, the "Automobile Industry Adjustment and Revitalization Plan" issued by the State Council clearly pointed out that new energy vehicles should be regarded as "strengthening independent innovation, cultivating independent brands, forming new competitive advantages, and promoting automobiles." A breakthrough for the sustainable, healthy and stable development of the industry.

  Our country wants to overtake in the corners of the automobile industry. It is not feasible to rely solely on the introduction of technology through joint ventures. We can only hope for new energy.

   In all respects, policy support will never be weaker than that of the United States.

  After all, the automobile and related industry chain is a large industry of 10 trillion, which can create and drive countless GDP.

   Some international evaluation agencies have already made predictions that this year China will officially surpass the United States and become the world's largest automobile production and consumption country.

   But what's the use of this name?

   If we don’t catch up, all the money will be earned by foreigners. "

  Xia Jingxing laughed, these two car guys belonged to the type of entrepreneurs with more ideals and pursuits, which is why he was willing to make friends with them and invite them to dinner together.

   "Both of you are the leaders of private entrepreneurs, chatting with you, I feel that the whole person's vision and pattern have suddenly broadened a lot.

   Come, let's have a toast together and wish China's auto industry will develop better and better in the future. "

  Xia Jingxing picked up the cup and toasted with the two of them.

   After several glasses of white wine, the chatterbox of the three of them suddenly opened.

  Wang Chuanfu asked directly: "Mr. Xia, when does Tesla plan to enter the Chinese market?"

   Li Shufu was also very interested in this question and looked at Xia Jingxing with great interest.

   "We have not established a firm foothold in the US market, and will not consider entering the Chinese market for the time being."

  Wang Chuanfu smiled, "Although we are peers, I actually look forward to Tesla entering the Chinese market."

  Xia Jingxing glanced at Wang Chuanfu, who still had the same smile on his face, he looked very frank and did not seem to be saying something against his heart.

"why?"

Wang Chuanfu said lightly: "Mr. Xia, you are more powerful than all of us, and your reputation in the country is even greater. You take the lead in sounding the offensive horn of new energy vehicles. I believe that you can greatly shorten the promotion time of this industry and make it mature as soon as possible. stand up.

   Then BYD, as a part of the industry, can naturally follow suit. "

   Xia Jingxing chuckled, "Then you are too flattering me, how can I be so capable.

  The industry is mature, which is jointly promoted by technology, policies, and users' willingness to purchase.

   All I can do now is to sell more cars and let the business survive first. "

  Wang Chuanfu said with a smile: "But I think Mr. Xia, you are already actively deploying the new energy industry chain, establishing Fuxing Automobile, Ningde Times, and investing in Atieva and Star Semiconductor."

  Xia Jingxing heard the overtones and smiled: "BYD's semiconductor business seems to be doing quite well. It seems that it launched the first IGBT chip some time ago, breaking the foreign technology monopoly in one fell swoop.

   This is a good thing. Inverter home appliances, photovoltaics, new energy vehicles, industrial control and other industries all need IGBT chips.

   The revival industry has a large demand for IGBT chips, and Star Semiconductor is struggling to supply it.

  I turned around to say hello and asked Deng Yuanjun to come and have a look. "

   The smile on Wang Chuanfu's face immediately became a lot richer. He just mentioned it casually, but he didn't expect President Xia to be so particular about it.

  Speaking of which, BYD and Fuxing Industry are still competitors, and there is a competitive relationship in many sub-sectors such as consumer electronics, power batteries, and automobiles.

   But it is also a partner, nearly half of the Fuxing FX2 mobile phones are assembled by the BYD foundry.

   This is also an old rule of Fuxing Industry, and I like to choose two or more suppliers.

   Therefore, Wang Chuanfu saw a chance for cooperation. Anyway, Fuxing Semiconductor only designs mobile phone chips at present, and its business does not involve IGBT chips. It even invested in IGBT manufacturer Star Semiconductor, which was founded only a few years ago. It is completely possible to cooperate with BYD.

   To be honest, Wang Chuanfu felt that BYD had already covered enough industries and fields, but he did not expect that Fuxing Industry would be stronger than them, and could be called a thousand-handed Guanyin.

  Fuxing Industry has entered too many industries, and many problems have arisen. It is impossible to do everything by yourself. It is necessary to let go of some less important supply chains and choose a development model of cooperation with external suppliers.

As far as Wang Chuanfu knows, in the past two months, the Fuxing Industry Industrial Fund has been making a big attack, investing in many companies in the chip industry chain. Star Semiconductor has obtained investment during this period and successfully entered the Fuxing Industry supply chain. .

   The co-opetition model of "competition is accompanied by cooperation" will become a habitual way of dealing with countless big manufacturers in the future.

  Xia Jingxing didn't care much about this small business, because it wouldn't feed BYD.

  Even if it is really fattening, Fuxing Industry is not afraid to compete with it.

   The two of them agreed on a cooperation in a few words. Li Shufu looked envious from the side. Unfortunately, Geely only makes cars, and there is not much business that overlaps with Fuxing Industry, so naturally there is no cooperation and competition.

   (end of this chapter)