BYD had always been a strange company in the Daqian industry. BYD was the least valued subsidiary in the Daqian industry.
The reason why BYD was created was ridiculous. Boss Jia felt China's battery industry was not good enough. So, he decided to create Hua Xia's own battery. He wanted Hua Xia's battery to be the best in the world.
In Feng Yu's previous life, BYD had already achieved this goal. After BYD released their blade battery in 2019, BYD stood at the top of the world in the field of commercial batteries. To put it bluntly, no other company in the world could compete with BYD in terms of batteries.
So, when Boss Jia decided to set up a battery company, he chose the name BYD. He wanted to achieve BYD's success in the battery industry in the future.
In fact, Boss Jia had always valued BYD. If not, he would not have spent nearly 30 million RMB to buy back BYD's shares after he set up BYD with other battery brands. BYD became a subsidiary of Daqian.
But BYD's people did not see it this way. In the eyes of BYD's people, Daqian looked down on BYD.
Firstly, BYD was located in Dongguang Province, not Xijiang Province. It was the only Daqian company with its headquarters in Dongguang Province.
Secondly, all Daqian companies were supported by Daqian. But other than producing 4WD batteries for Daqian, Daqian did not buy any other batteries. Daqian only bought batteries from foreign companies.
In fact, there were many things in Da Qian's product line that required batteries. For example, the batteries needed by the pocket elf, the standby batteries needed by the VCD player, the batteries needed by the Little Tyrant, and so on. Every year, Da Qian spent more than 300 million RMB on batteries. He was the big boss in the battery industry.
However, Daqian clearly owned the BYD battery subsidiary, but almost all of the 300 million yuan purchases fell on foreign companies. The president of BYD also once protested to Boss Jia, saying that this was unreasonable.
In the end, Boss Jia placed Sony's battery and BYD's own charger together and installed them on the same mini 4WD. Then, he pressed the switch.
In the end, the Sony battery lasted for 2 hours, but the BYD battery ran out of juice after 40 minutes.
"Daqian is an international company, so we can't relax on the quality of our products. If we can use locally produced batteries, there's no reason for us not to use batteries produced by our own people. But the difference in performance is so big that I can't ruin the Daqian's reputation! " After hearing Boss Jia's words, BYD's CEO was too ashamed to stay there. He rushed back to Dongguang Province overnight. A few days later, he submitted his resignation letter and resigned.
This also made BYD a complete joke in the domestic battery industry. It was extremely embarrassing to be despised by its own parent company to this extent.
This caused BYD's domestic battery sales to be very poor. In 1994, BYD suffered a loss of 100 million RMB. Of course, BYD felt that it was not the Daqian's biological son.
But what puzzled BYD's people was that although Daqian despised BYD, it never hesitated to allocate funds to BYD. Every year, it allocated 100 to 200 million RMB to BYD, and these funds were all spent on research. As a result, BYD's battery sales were the worst in China, but they had the most research funds.
This made BYD's people confused again.
What was even more unexpected to the BYD employees was that when the Chinese New Year was approaching and all the employees were preparing to go on holiday, Boss Jia suddenly appeared in the company like a god descending from the sky, scaring the BYD boss. When he went out to greet him, Boss Jia was already downstairs in his office building.
"Chairman, why are you here?" The CEO wiped the sweat on his head and asked with a smile.
This CEO was originally a vice president of Camel Battery. After the previous CEO resigned, he was headhunted. Boss Jia reviewed his resume and found that there were no problems. He was a professional, so he took over as BYD's new CEO.
"I'm here to see how your production is going. This is my company. Of course, I have to inspect it!" Boss Jia said lightly.
"Yes, I'll take you to the workshop!" The CEO said quickly.
"No need!" Boss Jia shook his head and said, "There's nothing to see in your workshop. Take me directly to the R&D center. I want to see the results of your research in the past three years!"
"Yes!" The CEO wiped the sweat on his head and took Boss Jia to the R&D center.
At this time, the R&D center was very lively. There were many researchers inside. Just by looking at them, one could estimate that there were no less than 200 people.
"It seems that BYD is still doing their best in scientific research. They didn't waste my research funds!" Boss Jia said so, but his eyebrows were tightly knitted. "But I don't understand. Why are all these researchers wearing colorful clothes? Don't they wear white coats when they go to work?"
"It's like this. It's almost Chinese New Year, so the R&D task is in the final stage. Many people are preparing to go home for Chinese New Year, so the management is a little lax. Before this, all of us had to wear work clothes to work. There's no problem!" The CEO quickly explained.
"Oh!" Boss Jia didn't say anything. He walked around the entire R&D center and said, "Call all the researchers here. I want to have a chat with them!"
"Yes!" As soon as the boss gave the order, these researchers gradually gathered around. Boss Jia glanced at these researchers, and his gaze became even weirder.
"Who are your leaders?! The leaders of the R&D team? " Boss Jia asked. Then, more than ten people stepped forward one after another. Half of them were not wearing white coats. They looked at Boss Jia with fear.
"Don't be nervous, everyone. I'm just here to check on BYD's research progress!" Boss Jia smiled and said, "Who can tell me about BYD's research on batteries now?"
After Boss Jia asked the question, he waited for more than ten seconds, but no one was willing to take the initiative to answer. In the end, it was the president who couldn't bear to continue the meeting. He called out, "Professor He, please explain it to the chairman!"
"Okay!" A bald old man stepped forward and said with his head lowered, "At the request of the head office, our main research and development direction is rechargeable batteries. The current mainstream rechargeable batteries are the following types."
"They are nickel-cadmium batteries, nickel-hydride batteries, lithium-ion batteries, lead-acid batteries, and iron-lithium batteries!"
"Nickel-cadmium batteries have a memory effect. They have a small capacity and are not suitable for the future development of rechargeable batteries."
"Therefore, the future mainstream rechargeable batteries should be nickel-hydride batteries, lithium-ion batteries, and lead-acid batteries!"
"Actually, the most practical battery should be lead-acid batteries. Most cars and motorcycles use this type of battery. However, they are too large and are not suitable for future development. Therefore, our main research and development efforts are focused on nickel-hydride batteries and lithium-ion batteries!"
Professor He's words were logical and sounded very reliable. However, they were all old news. Anyone who had just entered the battery industry would be able to say the same thing.
"How is your research and development going?" Boss Jia asked.
"Our nickel-hydride batteries are already at the most advanced level in the country. Lithium-ion batteries are one of a kind in the country. Compared to overseas batteries, there is still a gap! "Professor He said.
"How much is the gap?" Boss Jia asked further.
"The difference is about this much!" Professor He actually used his fingers and thumbs to show the distance to explain to his boss the difference.
"How much is' this much '?" Boss Jia asked further.
"This is hard to quantify … hard to quantify …" Professor He was about to cry.
"Hard to quantify? Then I will quantify it for you!" Boss Jia snapped his fingers and his secretary brought out a mini 4WD.
"This is the mini 4WD that your boss used for an experiment two years ago when he reported to me. At that time, the lithium-ion rechargeable battery ran for a total of 40 minutes. The Sony battery ran for two hours."
"Today, I will bring this mini 4WD out again. Let's see how good our latest product is!" Boss Jia finished speaking and extended his hand to Professor He. "Professor He, bring out our best lithium-ion rechargeable battery!"
"Yes, sir!" Professor He's footsteps were trembling as he went to the lab to get the battery. However, at that moment, someone suddenly jumped out and sneered. "You don't need to get it. Chairman, let me tell you. The best battery we have now is the one from two years ago. There are no changes. The Sony battery ran for less than 40 minutes because of cutting corners!"
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