Chapter: 6491

"Secondly, our goal is to build a super factory that produces at least 350,000 units of new energy vehicles within one year in Jinling and to increase production to 700,000 units within two years. As the second phase project kicks off, we aim to achieve an annual output of 1,500,000 units within five years..."

The plan to achieve an annual output of 1,500,000 units within five years suddenly shocked everyone.

Currently, companies producing over 1.5 million units of new energy vehicles are almost as rare as phoenix feathers, and those that can achieve this scale have generally been established for over a decade. Meanwhile, a newborn brand achieving an annual output of 1.5 million units within five years is almost unimaginable.

But they don't know that this is actually the target of Long'an Automobile Jinling Super Factory, and it's just to cover the domestic market. Once Long'an Automobile can take the lead, Li Chen will invest in a new super factory in the eastern coastal region to specifically cover overseas markets.

At that time, the annual output will be targeted at 300,000 units.

In reality, most people felt that the plan of producing 1.5 million units was overly confident when they heard it. The automotive industry is not like a quick-consumption beverage, as most people don't replace their cars for at least three years. As a result, everyone basically needs to carefully consider and decide before buying a car.

The production capacity set so large would mean that if the vehicles do not meet market demand or sales slump, the daily losses in capital would be astronomical.

Initially, Long'an Automobile also had a huge investment scale, with the founder once declaring his ambition to become the new aristocrat of new energy vehicles. However, it eventually ended in complete failure.

However, Li Chen has no doubts about this target.

The capital strength behind Long'an Automobile is undeniable, and there's Gao Yuanjiang, who is deeply familiar with new energy vehicles and serves as CEO. Moreover, once AI models go online, the vehicle's software will be a significant boost for Long'an Automobile. And even if An Jia and Li Chen don't make any money or even incur losses when selling cars, they won't have to worry about it, as their financial resources are strong.

What's more, Li Chen has many big shots like Steve Rossiter overseas, so if Long'an Automobile produces vehicles that can't sell well, he can still export them and put the brand on top.

"Besides, we will also set up a production line for power batteries at the second phase in Jinling, and achieve self-sufficiency in all power battery production within five years;"

This statement again ignited the whole scene.

Just now, An Jia Feng said that they would achieve an annual output of 1.5 million units within five years, and now they are planning to achieve self-sufficiency in all power batteries within five years, which means that the production capacity of this battery line will also reach 1.5 million units per year, which is extremely impressive.

An Jia Feng again said: "Based on my previous five-year plan, we plan to provide at least 50,000 job positions for Jinling within the next five years;"

"Additionally, I want to announce our supporting investment, and we will add an extra $20 billion to develop deep cooperation with Jinling's major universities and vocational schools, including but not limited to investments, donations, training, scholarships, joint laboratories, and collaborative innovation technologies, aiming to provide at least 50% of the job positions to students from partner schools within the next five years;"

The education investment alone is $20 billion, which has left the on-site media reporters speechless.

This money is different from the investment in production lines, as the production line's money is all invested in ourselves. The education investment, if implemented according to An Jia Feng's plan, is essentially investing in major universities and vocational schools, which is a huge move with great ambition, not just limited to Jinling but also almost unseen across the country.

An Jia Feng then made a stunning statement: "Long'an Automobile has chosen Jinling as our new home, and we have already synchronized our development with that of this city. In the future, Long'an Automobile will deeply integrate with Jinling from all aspects, cooperate to win, and strive for greatness! We also hope that in the future, Long'an Automobile can rush out of China and go global together with Jinling!"

An Jia Feng's speech made it clear to the world that Long'an Automobile has great ambition. The decision to name this automobile brand after Ye Changqing also demonstrated a practical approach to showing everyone that this battle, which An and Ye have wagered their life's glory and honor on, includes not only theirs but also Ye Changqing's.

Next, He Yuanjiang and Han Meiqing took the stage in succession.

As CEO and CLO of Long'an Automobile, and Chief Legal Officer respectively, they separately expounded their perspectives and determination for the future development of Long'an Automobile from their own professional angles.

Han Meiqing's appearance made it clear to everyone that Long'an Automobile is determined.

Because no car company has ever brought in a former top lawyer as its first chief legal officer at its inception, many companies even consider law unimportant, thinking that when there are no problems, they don't need lawyers, and when problems arise, they won't be of much use. As a result, many companies only realize the importance of law after paying out a large amount of money and suffering losses.

The automotive industry is just like the internet industry - it's an area prone to commercial legal disputes. Without an absolutely powerful legal team backing them up, companies will definitely stumble upon pitfalls, not just related to intellectual property issues, but also possibly triggering trademark and patent disputes. If you develop a car in China today, give it the model number 123, tomorrow you plan to sell this car to the US market, suddenly an American domestic automaker may come along with a bunch of documents saying, "Sorry, I have the rights to the name '123' in my country. You need to change your name." JrNovels.com