Hearing Jiang Chen's words, Luer was speechless . He didn't think that it was because of this reason Jiang Chen noticed his booth .
"…Sorry . "
Luer's honesty made Jiang Chen feel peculiar . Although he expected the company to be in a difficult situation, he didn't expect them to be this bad .
"Electric vehicle? But I feel like there is nothing special comparing your vehicle with the other electric vehicles . "
When Jiang Chen mentioned his product, Luer was immediately energized .
"No, Mr . Jiang Chen, you didn't get to know about the uniqueness of our product . We used wireless charging technology to replace the need to have a charging port . Therefore, the car owner just needs to park the vehicle on the charging lot to complete the charging process . "
"So you're saying, if you're compared to a phone manufacturer, the relative advantage of your phone is just that charging doesn't require a cable?" Jiang Chen mocked .
Although he didn't have a deep understanding of the automotive industry, he still knew a bit about pure electric vehicles . No other reason other than the fact that the apocalypse only had electric vehicles . Fossil fuel vehicles will be eliminated with historical inevitability, just as the original coal burners .
The technical challenges of the modern day were the distance and charging time .
Let's first start with distance . Under the ideal setting at a steady speed of 30 kilometers per hour, it is hard for a pure electric vehicle to achieve 300 kilometers of distance . The short distance would no doubt bring extreme inconvenience to the owners and the limiting factor of the electric vehicle's wide adoption .
The other problem was charging time . Typically, a pure electric vehicle's charge time is between 7-8 hours . Although the widely used Lithium iron carbonate battery possesses a half hour charge function, the high power charging severely affects the car's battery life, especially due to the heat generated . But during a long trip, the owner would not wait for 7-8 hours before the battery is charged again .
For a lot of short-tempered people, half an hour of charge time was already too dreadful .
But Luer's technology tree was skewed . It didn't make any progress on the technical challenges but rather specialized in wireless charging technology . The lenient view would be foresight; the harsher version would be running without learning how to walk first .
But because of this, the concept car they introduced drew Jiang Chen's attention, because the charging station at the apocalypse happened to use wireless charging technology . The owner would only need to drive the car to the specific lot, and then log into a mobile electronic device or the vehicle computer to start the charging service .
Convenience was the advantage of wireless charging .
Luer's expression immediately turned awkward when he heard Jiang Chen's ridicule .
"Did you not consider the energy lost in the process? I don't really know cars that well, but just making a comparison to the phone industry, based on the current phone wireless charging technology, the ideal energy lost is at 30% . " Jiang Chen smiled and continued .
Luer was immediately unhappy seeing Jiang Chen berate his proud work and rebuked .
"That's not completely right, the lithium battery our company designed can shorten the charging time to 15 minutes! And it doesn't reduce the battery's life . "
15 minutes?
It was an incredible achievement; Jiang Chen was surprised .
"Oh? How did you do it?"
To Jiang Chen question, Luer was silent .
Seeing he didn't speak, Jiang Chen had an idea in his mind . Silence meant that either his solution didn't include advanced technology, or it was not technically difficult to achieve . If it were hard to mimic, then he wouldn't be silent .
"Mr . Luer, if you can't satisfy my curiosity, how do you expect me to be willing to pay for your product?" Jiang Chen said softly .
"You're willing to invest in us?' Luer was astonished .
"If your product can interest me . " Jiang Chen used a nonchalant tone .
"Okay, to be honest, although we have twelve patents on the vehicle, the most critical innovation was rejected by the patent office . The rejection reason was simple: you can't register using a series of lithium batteries as a patent… Uh, you should understand now . "
With the realization on Jiang Chen's face, Luer shrugged .
"That's right, I have to say, your solution is quite… innovative . " Jiang Chen facepalmed .
Yes, he understood Ruhrka's solution, it was to connect multiple lithium batteries together and then attach a charging module on each battery . Because it was wireless charging technology, the charging station could conveniently charge multiple lithium batteries together . While this way could certainly shorten charging time, the disadvantages were too obvious to ridicule .
"… But did you consider the problem of cost? The size of the batteries, and attaching the charging module to each battery . " Jiang Chen continued to ask .
When Jiang Chen mentioned this problem, proudness appeared on Luer's face, "I have to mention the KS-12 Series battery our company designed . It is the core of the technology of the vehicle! It is formed by eight independent lithium battery units capable of storing a total of 40 volts of power with a distance of more than 180 kilometers!"
The stat was mediocre compared to the other electric vehicles on the market, but the wireless charging and fast charging certainly could add a few points .
But Luer didn't mention the most critical problem, the cost .
"What about cost?" Jiang Chen repeated the most fundamental question .
Luer's expression turned awkward again as he dodged Jiang Chen's eyes .
"Of course, the cost is a problem, but our technical experts have brought about an improvement plan . If we could acquire an investment, we have the confidence to reduce the cost to a reasonable range . "
When Jiang Chen heard this, an intrigued expression appeared on Jiang Chen's face .
Typically speaking, the price of an electric vehicle is two times the cost of a diesel vehicle . From Ruhrka's expression, the cost of the vehicle must be remarkably high .
"Can I ask the price of the vehicle?"
Luer hesitated for a moment before he answered, with honesty, "If manufactured at scale, the cost is 700,000 USD . "
"How many people do you think will foot the bill for this car?" Jiang Chen smiled .
Luer forced a smile . " Mr . Jiang Chen, if you are just here to make fun of me after chatting for so long, you have achieved your goal . "
"Then you have to be disappointed because I'm not here to make fun of you . Instead, I'm interested in your company… or technology per say . " Jiang Chen paused, and handed over his business card, "Are you interested in an equity infusion of 100 million USD?"
Chapter 511 Financing ProposalTranslator Min Editor RundiHearing Jiang Chen s words, Luer was speechless . He didn t think that it was because of this reason Jiang Chen noticed his booth . Sorry . Luer s honesty made Jiang Chen feel peculiar . Although he expected the company to be in a difficult situation, he didn t expect them to be this bad . Electric vehicle But I feel like there is nothing special comparing your vehicle with the other electric vehicles . When Jiang Chen mentioned his product, Luer was immediately energized . No, Mr . Jiang Chen, you didn t get to know about the uniqueness of our product . We used wireless charging technology to replace the need to have a charging port . Therefore, the car owner just needs to park the vehicle on the charging lot to complete the charging process . So you re saying, if you re compared to a phone manufacturer, the relative advantage of your phone is just that charging doesn t require a cable Jiang Chen mocked . Although he didn t have a deep understanding of the automotive industry, he still knew a bit about pure electric vehicles . No other reason other than the fact that the apocalypse only had electric vehicles . Fossil fuel vehicles will be eliminated with historical inevitability, just as the original coal burners . The technical challenges of the modern day were the distance and charging time . Let s first start with distance . Under the ideal setting at a steady speed of 30 kilometers per hour, it is hard for a pure electric vehicle to achieve 300 kilometers of distance . The short distance would no doubt bring extreme inconvenience to the owners and the limiting factor of the electric vehicle s wide adoption . The other problem was charging time . Typically, a pure electric vehicle s charge time is between 7 8 hours . Although the widely used Lithium iron carbonate battery possesses a half hour charge function, the high power charging severely affects the car s battery life, especially due to the heat generated . But during a long trip, the owner would not wait for 7 8 hours before the battery is charged again . For a lot of short tempered people, half an hour of charge time was already too dreadful . But Luer s technology tree was skewed . It didn t make any progress on the technical challenges but rather specialized in wireless charging technology . The lenient view would be foresight the harsher version would be running without learning how to walk first . But because of this, the concept car they introduced drew Jiang Chen s attention, because the charging station at the apocalypse happened to use wireless charging technology . The owner would only need to drive the car to the specific lot, and then log into a mobile electronic device or the vehicle computer to start the charging service . Convenience was the advantage of wireless charging . Luer s expression immediately turned awkward when he heard Jiang Chen s ridicule . Did you not consider the energy lost in the process I don t really know cars that well, but just making a comparison to the phone industry, based on the current phone wireless charging technology, the ideal energy lost is at 30 . Jiang Chen smiled and continued . Luer was immediately unhappy seeing Jiang Chen berate his proud work and rebuked . That s not completely right, the lithium battery our company designed can shorten the charging time to 15 minutes And it doesn t reduce the battery s life . 15 minutes It was an incredible achievement Jiang Chen was surprised . Oh How did you do it To Jiang Chen question, Luer was silent . Seeing he didn t speak, Jiang Chen had an idea in his mind . Silence meant that either his solution didn t include advanced technology, or it was not technically difficult to achieve . If it were hard to mimic, then he wouldn t be silent . Mr . Luer, if you can t satisfy my curiosity, how do you expect me to be willing to pay for your product Jiang Chen said softly . You re willing to invest in us Luer was astonished . If your product can interest me . Jiang Chen used a nonchalant tone . Okay, to be honest, although we have twelve patents on the vehicle, the most critical innovation was rejected by the patent office . The rejection reason was simple you can t register using a series of lithium batteries as a patent Uh, you should understand now . With the realization on Jiang Chen s face, Luer shrugged . That s right, I have to say, your solution is quite innovative . Jiang Chen facepalmed . Yes, he understood Ruhrka s solution, it was to connect multiple lithium batteries together and then attach a charging module on each battery . Because it was wireless charging technology, the charging station could conveniently charge multiple lithium batteries together . While this way could certainly shorten charging time, the disadvantages were too obvious to ridicule . But did you consider the problem of cost The size of the batteries, and attaching the charging module to each battery . Jiang Chen continued to ask . When Jiang Chen mentioned this problem, proudness appeared on Luer s face, I have to mention the KS 12 Series battery our company designed . It is the core of the technology of the vehicle It is formed by eight independent lithium battery units capable of storing a total of 40 volts of power with a distance of more than 180 kilometers The stat was mediocre compared to the other electric vehicles on the market, but the wireless charging and fast charging certainly could add a few points . But Luer didn t mention the most critical problem, the cost . What about cost Jiang Chen repeated the most fundamental question . Luer s expression turned awkward again as he dodged Jiang Chen s eyes . Of course, the cost is a problem, but our technical experts have brought about an improvement plan . If we could acquire an investment, we have the confidence to reduce the cost to a reasonable range . When Jiang Chen heard this, an intrigued expression appeared on Jiang Chen s face . Typically speaking, the price of an electric vehicle is two times the cost of a diesel vehicle . From Ruhrka s expression, the cost of the vehicle must be remarkably high . Can I ask the price of the vehicle Luer hesitated for a moment before he answered, with honesty, If manufactured at scale, the cost is 700,000 USD . How many people do you think will foot the bill for this car Jiang Chen smiled . Luer forced a smile . Mr . Jiang Chen, if you are just here to make fun of me after chatting for so long, you have achieved your goal . Then you have to be disappointed because I m not here to make fun of you . Instead, I m interested in your company or technology per say . Jiang Chen paused, and handed over his business card, Are you interested in an equity infusion of 100 million USD
Chapter end
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