Chapter 310: The Prime Culprit Behind the Disappearance of the Amazon Rainforest
Chapter 310: The Prime Culprit Behind the Disappearance of the Amazon Rainforest
"I’m sorry, it was my mistake, it was I who bought in, causing King Ning to fall from its pedestal."
A lifeless trajectory on the trading floor continued until the close of trading at three o’clock in the afternoon.
The stock plummeted by 10.05%, ending at a closing price of 54.23 yuan, with a market value of 94.634 billion.
King Ning Calendar existed only for two hours, Ningde Era joined and then left the hundred billion club in just a day and a half.
"Let it fall, let it fall even more."
Lu Liang withdrew his gaze; regardless of his personal or fund holdings, all his stocks were in a locked state.
Now, rises and falls didn’t concern him.
The greater the fall, the better, after all, last year Ningde Era had total revenue of only 18.9 billion yuan and a profit of 4.3 billion yuan – they didn’t deserve such a high market valuation.
Lu Liang turned his attention to the car models on his desk, a total of 13 models, 8 sedans and 5 SUVs.
From over a thousand drawings, he finally chose 13 to be made into car models using 3D printing.
Lu Liang rubbed his head, suddenly conflicted.
Wang Xiaofeng had asked him to pick two models from each category to customize the car shells and then proceed with chassis tuning, and various tests for safety and aerodynamic drag.
Lu Liang felt that they were all decent; the designs were quite attractive. His initial thought was to launch all of them at once.
But before he could voice this idea, it was already shot down by Wang Xiaofeng; their team was not able to simultaneously test that many cars.
Two sedans and two SUVs were already the limit, and even during subsequent re
Setting aside whether next year’s 2,400,000 can be met, there’s a good chance this year’s 1,200,000 will be achieved.
Just entering May, and the golden September and silver October of the car industry had not yet arrived, that’s when a surge in sales was expected.
Now joint venture car companies, domestic car manufacturers, and imported car enterprises were all getting anxious. Last year, the total sales volume of fuel vehicles was 23.59 million.
In just the second year of new energy vehicles’ formal development, they were poised to take a 5% market share. What’s more, in a few more cycles, all bets would be off.
Beiqi Group was first into the fray, establishing the new energy subsidiary brand Jihu, signing a strategic cooperation agreement with Xiaomi to empower Jihu.
Guangqi Group followed suit, setting up its new energy subsidiary brand Aion, even though they had also supported Xiao Peng Car.
But Xiao Peng Car, after all, was not their own offspring, not as endearing, and even sought to outsource to Haima, practically emblazoning disloyalty on their foreheads.
Luxury brands like BBA quickly joined in, announcing plans to launch their own hybrid or pure electric models.
BMW said by 2027, the Munich factory would cease the production of fuel vehicles, switching entirely to electric vehicles.
Mercedes claimed that by 2030, 50% of the models they sell would be electric vehicles.
Audi stated that by 2033, it would stop the production of existing fuel vehicles, and by 2050, it would be fully electric.
They were very averse to joining the new energy movement since BBA were undoubted kings in the realm of fuel vehicles, but entering new energy meant starting from scratch, losing the advantage of internal combustion engines.
But they had no choice, for Zhong performed a magic attack on them, raising high the flag of carbon neutrality and environmentalism.
If they didn’t follow suit or agree, at best they would be seen as environmentally unfriendly, at worst, the culprits behind the Amazon rainforest’s disappearance.
Political correctness wasn’t very popular in East Country, but was already becoming a trend in the West, and BMW and Mercedes had paid hefty fines as a result.
Zhong had also learned the spell, so even if they didn’t wish to follow, they had no choice but to hold their noses and join the wave of new energy.
L.F-Hist.Novelist