High School Belle Fell in Love with Me-Chapter 373 - 182: Because Someone Carries the Weight Forward! (Double-length)

But who needs contract manufacturing? Even if there were, they wouldn’t choose Li Yang, someone with no background in the automotive industry.

"Right."

"So, President Li, are you planning to acquire an established car company?"

Li Yang smiled and said, "No need. I’m focusing on electric vehicles, which are quite different from traditional car companies. We can just do our own research and development."

Li Yang never intended to do everything himself. Although doing it himself could save costs and avoid being held back, it would be too time-consuming.

What he plans to do is to integrate the domestic electric vehicle supply chain, to put it bluntly, become an assembly plant.

After establishing a certain foundation, he plans to develop some things on his own.

In 2018, China decided to integrate the electric vehicle supply chain, and for this, Modu spent over a billion to bring in Tesla.

The reason for letting a foreign company take on the core task of integrating the supply chain was because... there were too many domestic car companies, and it wouldn’t be suitable to choose any of them for this role.

If you give it to one, the others will be unbalanced.

It’s easier to swallow a bitter pill when it comes from outside. Giving it to foreigners makes everyone feel balanced.

That’s human nature...

Without the 2018 electric vehicle supply chain integration, the later flourishing of domestic electric vehicles wouldn’t have happened and it wouldn’t have become a pillar industry.

Electric vehicles themselves are a very important direction of development. It’s not just that electric cars are so great, but in the next twenty years, it’s certainly the only direction.

He’s aiming to develop a car within two years, and hopefully, it will be a very good performing car.

As for money, he’s not too worried. Just getting through the initial stage will be enough, that is, the first year.

Forty billion a year is enough to spend.

The three most important components of electric vehicles—motors, electronic controls, and batteries—are top-notch in China, and for smart algorithms, he plans to set up a lab personally since it’s his specialty.

Of course, a car-related team is still necessary, and it’s easy to headhunt people for that, as there are plenty in the domestic automotive industry.

In China, there’s no shortage of talent.

Even in the most niche industries, you can find experts.

"Electric vehicles..."

Yan Shengping squinted his eyes.

This is a new track.

Although Tesla delivered its first batch of electric cars in China three years ago, their production volume is very low, and in the market, they have more fame than strength.

To put it bluntly, electric cars aren’t very practical, with a range of only two to three hundred kilometers.

However, this supply chain is quite large, and even if Li Yang fails, as long as he can persist for three to five years, the economic boost will be significantly noticeable.

And, recently, the popular Boss Jia’s venture direction is electric vehicles, but he has set his company abroad.

After all, in terms of the development direction of electric vehicles, both China and the United States are fully aligned, with plenty of supportive policies.

But there’s no need to get excited now, because Li Yang’s attempt to build cars involves not only technical and management challenges, but his personal life also has many issues that could cause problems.

He’s willing to cooperate with Li Yang, but the premise is that he doesn’t bear any risk outside of principles.

He spoke up, "President Li, although this is our first meeting, we can be considered friends. Although for forty billion I should agree without hesitation, I still want to remind President Li that this matter might not go smoothly."

Li Yang smiled and said, "It’s all about human effort. If you never try, you’ll never succeed. If it goes wrong... well, I can afford the loss, after all, everyone knows my girlfriend is very rich."

Li Yang wouldn’t take Yan Shengping’s so-called ’concern’ seriously; they weren’t at that stage yet.

Yan Shengping’s so-called concern was nothing more than not wanting his investment to go to waste without showing any impact.