Lord Rice Jar

178: Huarong Technology Officially Enters the New Energy Vehicle Sector

Meng Hao had checked the data.

Last year, global new energy vehicle shipments reached 6.2 million units.

Calculated at an average price of fifty thousand US dollars, this represented a market of 300 billion US dollars.

Among them, Tester's sales were as high as 1.1 million vehicles, accounting for one-sixth of the global market by volume.

Tester's new energy vehicles had an average price higher than the market average, at seventy thousand US dollars per vehicle. In terms of total value, this amounted to seventy-seven billion US dollars, accounting for about 25% of the global market.

The Great Xia market alone accounted for over half of the global market.

Meng Hao sneered as he reviewed the data.

Tester.

You are biting the hand that feeds you.

On one hand, you want to dominate the Great Xia market, and on the other, you maliciously smear and suppress Huarong Technology.

Very well.

Since you've made the first move, don't blame Meng Hao for retaliating.

Your Tester CEO, Maschek, has colluded with the US government to target me.

Fine.

Then let me show you what true black technology and treasures of the tech world are.

You've encroached upon my 30 billion US dollar mecha market. Then, I, Meng Hao, will lead Huarong Technology to target your 300 billion US dollar new energy vehicle market.

Meng Hao sat in front of the computer, lost in thought.

His brain was spinning rapidly, his eyeballs constantly rolling.

Huarong Technology's new energy vehicles.

These would also need to be divided into domestic and international versions.

As for the materials used in the vehicles, they would undoubtedly be of the same standard.

The cost would be lower than Tesla's; the total price would also be lower than Tester's.

Of course, the price of the domestic version would be more affordable. Tester's new energy vehicles had an average selling price in Great Xia of 330,000 Great Xia dollars.

New energy vehicles, put simply, were electric cars.

An electric car daring to sell at such a high price.

This was mainly due to battery technology.

Tester's new energy vehicles possessed the world's best composite battery pack technology, which was why Tester's Maschek dared to sell electric cars, costing tens of thousands of dollars to produce, at such a premium.

Primarily, it was the high technological added value.

However.

The concept of Tester's battery technology being the world's best would soon be overturned by Meng Hao.

Compared to the technology provided by the system, both Tester and Maschek were too immature.

As the core of new energy electric vehicles.

The difficulty in composite battery packs lay in two aspects.

First, the design and manufacturing process of the battery materials required extremely advanced technology – to fold as much lithium battery material as possible within a given unit area.

Second, a highly specialized battery micro-control system was needed to integrate these individual composite lithium batteries into a relatively stable composite voltage.

In essence.

Put simply.

Whether it was Tester's new energy electric vehicles or electric cars from any other brand.

They were fundamentally no different from children's remote-controlled toy cars.

However.

The challenge lay in integrating thousands, even tens of thousands, of composite lithium batteries, each the size of a regular dry cell, without any glitches. Another difficulty was packing enough composite lithium battery material into individual dry cell-sized battery components.

Once these two challenges were overcome, there would be virtually no other companies in the world capable of competing with Huarong Technology.

As for charging issues?

Indeed.

Slow charging for new energy vehicles was currently the biggest problem.

Even Tester, which claimed a theoretical cruising range of four hundred kilometers, required more than half an hour to fully charge each time.

Furthermore.

In the depths of winter, the theoretical four hundred kilometer range would often barely reach seven-tenths, around three hundred kilometers, which was already quite rare.

Although charging stations had become quite common.

Compared to fuel cars, which only took a few minutes to refuel, even with more than ten charging stations installed at a charging point, the market demand could not be met.

After all.

Half an hour was enough to refuel at least ten fuel cars.

And in half an hour of charging time, a new energy vehicle's battery wouldn't even be fully charged.

Meng Hao searched the system store thoroughly but found no fast-charging modules for new energy vehicles that were compatible with current market charging stations.

Just as he was at a loss, he suddenly slapped his forehead.

He was being foolish.

If the fast-charging problem couldn't be fundamentally solved, then extending the range would suffice.

Based on the current mainstream highway speeds in the world.

For a journey of a thousand kilometers, traveling at 120 kilometers per hour, one could drive at most eight hours a day.

After all.

Humans are not machines.

A driver who can maintain focus and drive continuously for eight hours, covering a thousand kilometers, is already quite rare.

This meant that after eight hours and about a thousand kilometers, both the person and the vehicle would need to rest.

During this rest period, there would be ample time to charge the car.

In other words.

If Meng Hao could achieve an actual range of over 1000 kilometers for electric vehicles, then Huarong Technology's new energy vehicles would completely eliminate the issue of needing to recharge mid-journey.

With the main direction decided, the next step was to optimize the details.

For the next few days.

Meng Hao locked himself in his office.

Well.

In reality, he had gone to the desert base again.

A little over a week later.

Meng Hao, carrying his laptop, reappeared in Huarong Technology headquarters' private office.

After over a hundred hours of continuous work.

The design blueprints for Huarong Technology's first new energy vehicle were finally completed.

In fact.

At the desert base, using the base's materials and a mechanical 3D printer, Meng Hao had even tinkered together a prototype.

Knock, knock, knock.

Someone knocked on the door.

Just as Meng Hao opened the computer containing the latest car blueprints, design parameters, and other plans, and clicked on the design document, he heard the knock.

Through the monitor, he could see it was Qin Muyan.

The girl was holding a plate, her face filled with concern.

"Come in!"

Meng Hao had the highest authority in this office.

If he didn't want anyone to enter, it was almost impossible to do so non-violently from the outside.

"This is some chicken soup I just stewed."

"You really are something, always locking yourself away whenever something comes up."

"Talk to me when you encounter problems. Even if I'm pretty useless and can't help you much, at least I'm a qualified listener."

Qin Muyan, with a face full of care, served the chicken soup into a very delicate small bowl and placed it before Meng Hao.

"Look at you, locking yourself in the office!"

"It's been seven or eight days, what have you been eating?"

"Instant noodles? Compressed biscuits? Puffed snacks?"

"Let me tell you, those are all junk food."

It was evident.

Qin Muyan's concern for Meng Hao was genuine.

However.

If you're going to be concerned, and bring chicken soup, that's fine.

But in broad daylight, wearing a robe to his room, was that appropriate?

Moreover, such diligent concern while bending down to serve the soup.

With such large movements.

You've exposed yourself, do you know that?

Smelling the chicken soup and Qin Muyan's perfume.

Looking at that expanse of snow-white.

Meng Hao was somewhat distracted.