My Fintech Empire

Chapter 1619 [Helping the new energy vehicle market penetration rate double]

The sales data released by Tongtai Automobile Group really shocked everyone. Everyone knew that Tongtai Max would sell well and become a hit, but they didn't expect it to be so exaggerated.

When various media reported it, the word "miracle" almost appeared in the press release.

It has to be said that Tongtai Max has indeed created an industry miracle.

The peers in the industry were shocked beyond belief and still dare not believe it, especially the competitors at the same price.

A million-level order volume was achieved in a weekend, which is simply a crazy data!

What is the concept?

You must know that the total sales volume of automobiles in China in 2019 was about 27 million vehicles last year, which means that Tongtai Automobile Group took 3.7% of the national market share in just two days, which is quite exaggerated.

People in the automotive industry know how terrible this is. There are currently more than 130 automobile brands on sale in the Greater China market, including some domestic models of joint venture car companies, with a total of more than 1,000 models.

Only by knowing these data can we better appreciate how shocking Tongtai Max's performance is, and Tongtai Max's performance has also doubled the penetration rate of the new energy vehicle market.

Last year, in 2019, the sales of new energy vehicles in the Greater China market, including pure electric models and hybrid models, totaled 41.5 million. Last year, Xingyu Technology released two new energy vehicles, the N series and the U series, but large-scale delivery only started this year.

This year, Xingyu Technology's full range of products is expected to exceed one million sales. Now Tongtai Max has reached one million in two days, which means that the new energy vehicle market alone will contribute 2 million vehicles this year.

This year, the sales of new energy vehicles are expected to exceed 3.75 million, which is expected to increase by +150% year-on-year compared with 2019. Such a growth rate is also quite explosive.

It should be said that if Tongtai Max had not delivered such a great assist at the end of the year, the growth rate of new energy vehicles would not have doubled.

Such a terrifying growth momentum is not an exaggeration to say that it is unstoppable.

It is no wonder that traditional fuel vehicles and joint venture vehicles will be restless.

The high-end market was hit by the four major car series of Xingyu Technology without any resistance. Now Tongtai Automobile has emerged in the mainstream market, which is even more brutal. In the past two days, it has released a million-level volume, which is simply a crushing existence.

In fact, the cumulative sales of the four major car series of Xingyu Technology this year have already exceeded the million-level mark in early December. This is also a historic moment, but Xingyu Technology did not announce the news at this time because it gave Tongtai Max the heat and promoted the younger brother, and did not compete with the younger brother for traffic.

The sales volume is also in the millions, but there is no doubt that the million-level sales of the four major car series of Xingyu Technology are more valuable, no matter from which aspect.

Because the four major car series of Xingyu Technology are positioned as luxury brands and high-end markets, they are the market leaders and also high-profit.

According to the current price, the net profit created by an average of one new energy vehicle under Xingyu Technology is that Tongtai Max needs to sell 11 vehicles to tie with it.

Xingyu Technology's performance is also quite explosive. The luxury brand cars in the high-end market have been turned into volume cars by Xingyu Technology.

This year's new energy vehicle market pattern has been completely rewritten. The Qunxing star energy vehicle brand has directly reached a volume of 2 million. Only Xingyu Technology and Tongtai Automobile have won half of the new energy vehicle market, and the market share has exceeded half, reaching 55%.

And this proportion will definitely accelerate and expand, and it is not the limit, because Tongtai Max has achieved a million-level order volume in two days, which is not the limit, and there is still huge room for growth.

In addition, Xingyu Technology's overall strategic plan is to support 10 brands in the mass mainstream market.

Now there is only Tongtai Automobile, and the other 9 brands are being incubated and brewed. Maybe as a latecomer, they don't have the first-mover advantage of Tongtai Automobile, and they are not as brilliant as Tongtai Automobile, but the other 9 brands will definitely take a large market share.

This strategy is the result of Fang Hong and Qin Feng's discussion. The two don't care if all 10 brands can survive. The initial strategic plan is to have 10 brands come out and let them kill those old stubborn people in the mass mainstream market and replace them.

Then the 10 little brothers competed with each other based on their own abilities, and the losers were merged. In the end, 3 brands stood out, and this strategic plan could be considered a great success.

Although Tongtai Automobile has the first-mover advantage and has the right time, place and people, the following 9 brands do not have no chance to compete with it, because this time Tongtai Automobile only released a medium-to-large sedan and did not release other models.

And Xingyu Technology also has its own strategy, for example, the SUV model is planned to be made by another brand.

But no matter what, no matter which of the 10 little brothers can stand out, they have to recognize Xingyu Technology as their big brother, and Xingyu Technology's intelligent driving system will continue.

During this weekend, the news on the Internet was all flooded with Tongtai Max, and it was also spread to the international community through the Internet. The main channel of external network communication is still Tik-Tok. The social media platforms controlled by the West are basically either limited or directly deleted, banned, and blocked.

But now Tik-Tok is also a world-class size, and its influence is also not to be underestimated, and it still sparked a huge discussion.

Then something outrageous happened. A netizen from Beijing Magnesium uploaded a short video through Tik-Tok and asked a soul-searching question, which not only confused the netizens of A-magnesium, but also confused the netizens of Dongda.

The soul-searching question of this netizen from Beijing Magnesium is: Why is the Eastern giant always unwilling to sell the most advanced products, such as Xingyu Technology's cars, mobile phones, MIX headsets, and Tongtai Max the day before yesterday to us?

For a while, people on both sides were stunned and didn't know what to say.

This soul-searching question is really difficult to answer. I seriously suspect that this guy doesn't read books, news, or newspapers.

The remarks of this guy from Beijing Magnesium were also shocking, and the comment area below was also very lively, instantly attracting a large number of netizens from all over the world to ridicule.

[America's fake oil prohibits people from using STAR and MIX, but the Eastern giant allows the use of Apple and Tesla cars. ]

[If Xingyu Technology's products can be sold in Beijing, I'm sure Apple will follow the old path of Blackberry. ]

[Western media hyped up Apple's updated colors and camera positions, calling it innovation, and called the technology products launched by the Eastern giant national security, even their tricycles were not spared...]

[Dongda's Xingyu Technology and Matrix Quantum are at least ten years ahead of Apple and other technology companies in Beijing. ]

[No one wants Dongda's technology products, no one wants Tongtai Max. ]

[According to my visit to the Chinese Internet, Max has been released for nearly two days, and has not even been delivered yet, but it has already set a record of millions of orders. But you say no one wants it? ]

[I want it, I want it. ]

[Me too. ]

[It's a pity that we can't buy Dongda's most advanced and best technology products in Beijing. ]

[I totally agree with you, man. I am a huge fan of Xingyu Technology. I went through a lot of trouble to find Xingyu Technology products. I assure you that the STAR series of smartphones are the best in the world, MIX is the best smart headset in the world, and the company's new energy vehicles. I am looking for a channel to buy an SCN-4. It is really cool. ]

[Hou Lixie, where did you buy it? I have always wanted to get a MIX headset! ]

……

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