Before The College Entrance Examination, My Life Was Gamified

Chapter 157 Investing In The Electric Vehicle Industry

Now, when Li Bai took another 2 billion dollar bank card in front of his father, Li Mu has become accustomed to it.

Isn't it just billions of dollars? You will get used to it after spending time.

But he has always been curious about one thing.

"I said son, don't your companies need money to develop?"

Also doing business.

Li Mu naturally understands that business is not easy.

Take the real estate industry as an example. In addition to the relationship, capital is the most critical link.

Even now, Longteng Real Estate Company is in full swing, firmly occupying the No. 1 position in Longguo Real Estate.

But Li Mu knew that Longteng Real Estate Company could not do without his son's massive financial support.

But think about it from another angle, what about the son's own property?

His stalls are much bigger than that of Longteng Real Estate.

And it's either the high-tech route or the Internet industry.

From the perspective of Li Mu, a layman, these industries require a large amount of research and development funds to support them, which are more costly than real estate.

Li Bai was a little confused, but still patiently explained: "The Internet industry doesn't spend much money. After all, the video website I build at 17 collects content from film companies or the general public. I just need to do a good job in network platform services. In this area, the main selling points are innovative functions and social influence. If it costs more than Peter, it will be acquisitions and mergers after the listing, but at that time, the money spent will naturally be the shareholders’ money.”

He took a sip of water: "Only the high-tech part really costs money. This time I plan to spend nearly 3 billion US dollars to expand the production line, and the investment in research and development funds should be at least 15% of annual sales."

Speaking of this, Ji Bai remembered another thing.

He previously rewarded the lithium polymer battery production process systematically by writing a script for director Chen Da.

Although the production process of this battery is similar to that of the mobile phone battery production line invested by Li Bai half a month ago, the scope of application is different.

This is the main reason why Li Bai did not invest in lithium polymer battery technology to build a factory before.

Li Bai has seen a design drawing of a lithium polymer battery.

Isn't that the battery of the Tesla Model 3 electric car that Li Bai bought in the previous life?

That's why we didn't develop our own mobile phone battery on the basis of this process.

Fortunately, the 18-year mobile phone battery technology broke out later.

Li Bai knows that his father is a car fan, although he will not take the initiative to buy some luxury cars, but the car magazines in the office are not someone else’s, right?

Now that I still have this kind of car-specific lithium polymer battery technology in my hand, it's better to take my dad to make Longguo's own electric car together.

The more Li Bai thought about it, the more he felt that this plan was feasible.

"Dad, what do you think of us making our own cars? You invest, and I provide the technology. This time we won't take my mother with us, just the two of us will play together!"

In Li Bai's view, the future of new energy vehicles is definitely the development direction of the automotive industry.

Before his own rebirth, the battery life of Tesla electric vehicles has reached 660 kilometers.

And an ordinary car, after filling up with fuel, has almost the same endurance.

But the advantages of electric vehicles are too obvious.

Energy-saving and pollution-free; these two advantages alone are enough to throw off fuel vehicles by a large margin.

The biggest disadvantage of electric vehicles is the battery technology.

In his previous life, Li Bai was considered a fan of electric cars, otherwise he would not have traveled a long way to order a Tesla Model 3.

Now relying on the lithium polymer battery in 2014, as long as the research is carried out on this basis, batteries with stronger performance will definitely be manufactured in the future.

Cao Wen shook her head, she didn't have any strong interest in cars.

In her opinion, whether it is driving an Audi A6, a BMW mini, or a sports car, the nature is just that there are no tools.

Well, it is said that a man who does not understand lipstick is a straight man of steel.

Then this kind of woman who can't even tell the difference between the Mercedes-Benz and the Jakosh logo of Kimchi, should she be called the Straight Girl of Steel?

How could they understand the romance of men!

Li Mu's eyes brightened.

Now that the funds for building a seven-star hotel have been fully secured, the next step is to find the best decoration company and decorate the hotel with the most expensive materials.

Longteng Real Estate has also entered a period of steady expansion, and Longteng Plazas in major cities across the country have already established their brands.

Nowadays, many second- and third-tier cities are begging for Longteng Plaza to settle in their own cities.

All kinds of preferential policies are simply not good.

So as long as the expansion is done step by step, within two years, there will be 400 Longteng Plazas across the country.

This is even more than Wanda Plaza in later generations.

Longteng Cinemas, which rely on Longteng Plaza, have also started to make profits one after another.

Now 60 Longteng cinemas have 600 screens, and the facilities of the cinemas are also top-notch, accounting for more than a quarter of the country's movie screens

In Li Bai's view, Longteng Cinemas will be split up sooner or later to go public and make money.

To sum up, Li Mu's work is not so busy now, so he simply found another job and let him do it freely.

Men in their forties are in their prime of life.

"Then what should we do? Domestically produced cars, especially engines, are far behind the world."

Li Mu was right to be worried.

Now Li Bai only has battery technology in his hands, but other parts of electric vehicles can’t be developed by himself, can they?

That was a 437 long process.

Li Bai frowned: "Dad, why don't you go to Millikin?"

"What?" Li Mu didn't understand what his son meant.

Li Bai began to explain in a calm tone: "I know that there is an AC Propulsion electric vehicle company in California, and their company is on the verge of bankruptcy recently.

You can go and buy this company, and this company has very mature automotive technology except for batteries, and I happen to have battery technology for electric vehicles in my hand. "

"You mean an electric car? Is that thing reliable?"

Li Mu will not question his son's technology, he is only worried about the performance of electric vehicles.

"You don't have to worry about this, at least the battery life is fine, and it can last 510 kilometers with a full charge."

"510 kilometers, huh, is this too exaggerated?"

After thinking about it for a while, Li Mu understood why his son wanted to focus on electric vehicles.

Even if the cost of an electric car is the same as that of a fuel car, this kind of new energy car that is environmentally friendly and energy-saving has inherent advantages that cannot be ignored.

He is also a veteran who has been involved in business for many years.

It is natural to understand the prospect of electric vehicles.

"Well, you can help me arrange it, and I will go to Millikin the day after tomorrow.

Li Mu just thought for a while before making a decision. .