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Chapter 1080 - 586: Disappointing, So Disappointing (Please Subscribe)
Chapter 1080: Chapter 586: Disappointing, So Disappointing (Please Subscribe)
Penguin Auto Group Building.
As the chairman of Penguin Car, Kuang Xuejin paid close attention to the new energy vehicle launch of Chang’an Group today.
Just like the last Dami 1 series new energy vehicle launch by Dami Technology Group, as the leading figure in domestic new energy vehicles, Kuang needed to pay more attention to these newcomers and competitors.
However, despite this.
Kuang didn’t really take these competitors seriously.
According to Penguin Auto Group’s development strategy, Tesla was their real rival, as Tesla’s domestic sales were increasing day by day. If it weren’t for the recent braking incident, it’s likely their expansion would have been unstoppable.
Luckily, during the braking incident, Kuang had pushed a wave, and this had helped cause a downward trend in Tesla’s new energy vehicle sales over the past six months.
Now was the perfect time for Penguin Car to take back the market.
Yet, it was also at this time that multiple domestic brands launched their new energy vehicles one after another, such as the Dami 1 series by Dami Technology Group a few days ago, and the Chang’an New Star that Chang’an Group was releasing today!
Exactly.
The new energy vehicle from Chang’an Group was called Chang’an · Nova.
The reason why Kuang was paying special attention today, aside from being a competitor in the new energy vehicle market, was that Chang’an Group seemed to be cooperating with Feiyue Group.
It’s said that Chang’an Group’s New Star new energy vehicle uses the graphene battery from Feiyue Group.
Originally, according to the previous plan, Penguin Car, as well as Dami Technology Group, Huawei Technology Group, and even all domestic new energy vehicle brands, might have used the graphene batteries from Feiyue Group.
However, it was precisely because Kuang and some of the top executives at Penguin Group had past grievances with Ding Yue, the president of Mist City Arts and Science University and the power behind Feiyue Group.
Ultimately, Penguin Auto Group chose the new energy batteries from Europe’s Mantech Group.
After all, it’s better to trust a well-established European company like Mantech Group which had a long history of cooperation and was renowned worldwide, rather than a domestic company with little foundation.
Consequently, Penguin Auto Group brought together a series of companies including Dami Technology Group and Huawei Technology Group, ultimately turning to Mantech Group for support.
"Today I really want to see if Feiyue Group’s graphene battery is truly as miraculous as they claim," Kuang muttered while puffing on a cigar.
"Kuang, in my opinion, this graphene battery from Feiyue Group is just like those PPT new energy car companies before, all hype with no substance," said a special person in Kuang’s office.
He wasn’t a high-level executive of Penguin Auto Group, but he was a well-known figure within Penguin Group, namely Chen Xueming, the chairman of Q Entertainment Media.
The reason Chen Xueming was with Kuang today was not only due to their previous friendship but also for another purpose.
That was because Kuang had invited Chen over to discuss promotional matters for the latest Penguin 6 series new energy vehicle, which was a perfect fit for Q Entertainment Media to handle.
With numerous popular stars and even superstars under Q Entertainment Media, as well as the various movies, TV series, and variety shows they produced each year.
All of these served as opportunities and platforms to advertise the Penguin 6 series new energy vehicles.
This year’s Penguin 6 series new energy vehicles had made leaps and bounds over previous models, thanks to the new energy batteries from Mantech Group, which greatly improved both the range and charging speed.
In addition, Penguin Auto Group had specifically established more networks for its new energy vehicles, building a vast network for battery replacement and charging.
And this time, the Penguin 6 series new energy vehicles would also be equipped with the cloud intelligent control system from Penguin Cloud Computing.
Penguin Cloud Computing’s cloud intelligence platform was quite reputable in the industry.
"Chen, we can’t just say that, it’s not certain, not certain at all. Who knows, maybe Feiyue Group’s graphene battery does have some merit," Kuang did not quite agree with Chen’s opinion.
Kuang had looked into graphene batteries, as he was in charge of Penguin Group’s car division and had to be knowledgeable about the batteries in the new energy sector.
If the graphene battery was indeed perfected, it could be much more powerful than what was rumored.
Yet the information released by Feiyue Group didn’t seem all that impressive, but since they claimed to have the ability to manufacture graphene batteries, that meant they must have something up their sleeve.
"Then, if Feiyue Group truly has a graphene battery, why didn’t you cooperate with them in the first place?" Chen asked, puzzled.
"We have our old partner, Mantech Group, which is strong and reliable. Why take a risk by choosing Feiyue Group?" said Kuang with a shrug.
Kuang had indeed considered using Feiyue Group’s graphene batteries for the Penguin 6 series new energy vehicles, especially when Mist City Arts and Science University made breakthroughs in graphene technology, and the battery was popular.
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