54: Chapter 54 establishes Transsion Energy and Transsion Motors.

"The technology is very mature. As for the samples, the cost per watt-hour can be brought down to 0.8 yuan, a 30% reduction from the current 1.2 yuan."

Wang Mengyang looked at the battery in Shen Fei's hand and said confidently, "Furthermore, we are using graphene composite electrode materials, which offer higher safety and won't experience thermal runaway. Therefore, it is naturally suited for new energy electric vehicles."

Shen Fei carefully examined the test report, especially the energy density of 145Wh/kg. While this figure might seem unremarkable in later generations, it was considered terrifying in 2009.

You have to realize that even 10 years later, the energy density of mainstream electric vehicle batteries was only 200Wh/kg.

"How did you achieve this? Is the manufacturing process complex?"

"There are mainly two operations. Actually, it's not that complex; it's mostly about confidentiality." Wang Mengyang walked over to the whiteboard nearby and began drawing a schematic diagram.

"We improved the dispersion process of the graphene. In traditional methods, graphene tends to aggregate, which affects conductivity. We developed a synergistic ultrasonic chemical dispersion method to ensure the graphene is evenly distributed within the electrode."

Hearing this, Shen Fei nodded silently, but he knew very well that this was definitely not the most important reason. After all, in his previous life, they had also played around with battery technology extensively.

No other battery could compare to those of Huaxin Technology.

"Get to the point."

"Actually, it's just the addition of silicon, combined with a mysterious additive we developed, which keeps the silicon stable, resulting in a significant increase in energy density."

"Moreover, that mysterious additive also has self-healing capabilities. Mr. Shen should know that during battery charging and discharging, micro-cracks form in the electrode materials, affecting lifespan. This additive can automatically repair those cracks, so the cycle life will be exceptionally long."

Wang Mengyang knew that Shen Fei understood the technology, so he explained it briefly before returning to his experiments.

Shen Fei didn't say much more and continued to look around the laboratory for a while. He knew that these researchers didn't want him to talk too much, so after walking around for a bit, he spoke up: "Everyone, I have two things to announce."

Everyone stopped their work and looked at him. After all, Professor Wang had told them that Mr. Shen understood the technology and wouldn't speak nonsense. Whenever he spoke, it was always something they were looking forward to.

Sure enough, expressions of surprise and joy quickly appeared on their faces.

"The first thing: the high-density project team will receive a collective bonus of 5 million, and Professor Wang Mengyang will receive an additional 2 million. This 5 million bonus will be distributed based on contribution, and the funds will arrive this afternoon."

As expected, the mention of money caused the laboratory to erupt instantly. Some young researchers hugged each other and cheered, while some even jumped up in excitement.

Watching this scene, Shen Fei waved his hand and continued: "This is just a milestone bonus. If the energy density reaches 175Wh/kg by the end of the year, I will award another 5 million. If it exceeds 200Wh/kg by this time next year, everyone on the project team will have their year-end bonus tripled."

The celebrations grew even louder; this was a huge sum of money.

Even Wang Mengyang himself came over: "Mr. Shen, this… this is too much."

"It's not too much." Shen Fei shook his head. In his previous life, the project bonuses he awarded were at least in the tens of millions.

If it weren't for the fact that he had just acquired Huawei and other companies, leaving him short on cash, he would have definitely matched his previous life's standards.

"Professor Wang, the value you have created is far more than this. Also, I have approved the new energy battery project you mentioned earlier. What is the approximate budget?"

Wang Mengyang was overjoyed and quickly calculated: "For the initial research and development of the battery cells, it would take about 20 million. If we were to build a production line… it might cost a bit more, maybe close to 100 million."

"I'll approve 200 million for you directly." Shen Fei didn't hesitate at all regarding Wang Mengyang's words; he was trustworthy.

"We will establish Transsion Energy separately, and you will be the chief person in charge. You will build your own team. Give me a list of who you need to poach, and I will go talk to them."

"Mr. Shen…" Wang Mengyang's voice choked up slightly. "Aren't you afraid I might fail?"

"What's there to be afraid of?" Shen Fei patted him on the shoulder. "The worst-case scenario is that the 200 million goes down the drain, but what if we succeed…"

His gaze remained on the battery as he recalled the near future, where the penetration rate of new energy vehicles would reach 70%, 80%...

"Once we build a battery with a range of 1000km that doesn't die in the winter, Transsion will no longer just be a mobile phone company. If you're willing, we could even establish our own new energy brand."

He patted Wang Mengyang's shoulder again: "Of course, these are all future plans, and everything depends on you, Professor Wang. Whatever resources you need, go find Huang Tianya. If he can't solve it, come directly to me."

Shen Fei's words were simple; he was very determined about this matter. If it couldn't be solved, he would just use his cheats.

On the way back, his secretary Li Ziqi couldn't help but ask: "Mr. Shen, are we really going to invest 200 million in car batteries? Wouldn't that be too risky?"

"Risky?" Shen Fei stopped and looked at her. "Ziqi, you have to realize that this year is the first year of new energy vehicles. All kinds of policies are coming out."

"A notice was just issued in March, striving to form a production capacity of 500,000 units within a year. But those people's hearts aren't in this at all; they just want to make some easy money. Since we possess the battery technology, we naturally have an advantage. For the sake of the industry's development, we can't let them get their way…"

Shen Fei didn't continue, but Li Ziqi immediately understood. This wasn't just a 200 million investment; this was a ticket to a trillion-dollar market.

If the policies remained unchanged, even just by collecting subsidies, those 200 million could be earned back…

While she was thinking, Shen Fei continued: "Coincidentally, take this opportunity to first establish Transsion Auto, then have Mr. Huang investigate which traditional car manufacturers are going bankrupt or are poorly managed, and then start applying for our new energy vehicle manufacturing license."

"Understood."

Back at the office, Shen Fei took out his phone. Zhang Mingzhu had sent a message: "I'm done gathering with my girlfriends, and I'm planning to return to Guangzhou the day after tomorrow."

"Alright, I'll pick you up."

On July 1st, the layout of the Huaqiangbei SEG Electronics Market in Shenzhen had quietly changed.

Although the chip trading area was still bustling on the surface, with procurement officers from mobile phone manufacturers across the country still hunting for goods here.

Even some large mobile phone manufacturers needed to procure here; after all, there were many large MediaTek agents here, and they could obtain the chips needed by phone manufacturers at lower prices.

Especially for some chips with not particularly high shipment volumes.

In front of a rather inconspicuous vendor stall, Bird's procurement manager, Zhao Zhizheng, held an MTK 6225 chip and carefully examined every detail.

After his inspection, it was indeed a brand-new official MediaTek chip, not those low-quality second-hand chips. If the price was right…

So, he immediately put down the chip and quickly handed the stall owner a cigarette: "Boss, what's the price for this chip?"

The stall owner was a rather lean, middle-aged man. He glanced at him, casually took the cigarette, tucked it behind his ear, and then said: "The price definitely depends on the quantity you purchase, Boss; the more you buy, the cheaper it gets. For over 50,000 units, it's 11 yuan per piece."