Shopkeeper Wang frowned slightly: "Director Wang, are you so negative about the Yunba project?"

Wang Yi nodded: "Yes, very unfavorable. Yunba is not a car, and it is not aimed at ordinary consumers. For cars, as long as our products are well made, there will be consumers willing to pay. It is a simple logic."

"But what about BYD Yunba? Your customers are major cities! It's easy to impress consumers, but it's difficult to impress major cities."

"First of all, you have to get the favor of key figures in the corresponding city and are willing to introduce BYD Yunba. Then you have to pass the approval of the city's Development and Reform Commission. Once the approval is passed, you have to pass the project feasibility analysis..."

"It's all very difficult, very difficult. If there is a problem in any link, just let it go!"

Wang Yiyue said, and everyone's expressions became more and more gloomy.

But what Wang Yi said is true. BYD's senior management and shareholders are all smart people, so they naturally know how difficult it is.

Wang Yi continued: "Okay, even if everything is passed and the project is signed, do you think it's done?"

"No, this is just the beginning of failure!"

"The Yunba project is very expensive, costing RMB 150-200 million per kilometer. Even if the contract is signed, many cities cannot come up with enough funds to support the construction. On the contrary, most projects are cut off halfway and the projects are unfinished!"

"This..." Everyone was silent again.

But no one questions it.

Transportation projects are inherently high-investment, low-yield, and suffer losses every year.

So it’s easier to finish!

Shopkeeper Wang is not giving up yet: "Dr. Wang, although the road is tortuous, the future is bright. As long as we BYD Yunba get through it and make a good reputation, the future will be smooth."

Wang Yi waved his hand and found that shopkeeper Wang was a typical idealist.

Just think about good things!

"The road is tortuous and the future is bleak!"

Wang Yi said bluntly: "You all know the current economic situation and debt situation of major cities. There are not many rich people. Even if they have money, they will give priority to investing in subway construction and light rail construction!"

"Why?"

"Because subways and light rails have large passenger capacity and are fast, they are expected to be profitable. They can also be merged with the existing transportation network to improve traffic efficiency and alleviate the pressure of urban traffic jams."

"And what about BYD Yunba?"

"The monorail model has a small passenger capacity, slow speed, high noise, and unstable operation. It cannot be fully connected to the grid with the existing subway and light rail."

"To put it bluntly, if a city invests in subways and light rails that can be connected to the grid, have a large passenger capacity, and are fast, they are obviously more promising and easier to recoup. Then why do you have to invest in subways and light rails that cannot be connected to the grid, have a small passenger capacity, and are slow?

Yunba?”

"Is there something wrong with your brain?"

"This..." Shopkeeper Wang's mouth twitched, but he was unable to refute.

Wang Yi changed the subject: "With high investment and low passenger efficiency, BYD's Yunba project will be killed by most cities during the approval stage!"

"Especially in wealthy cities, they will give priority to subways. In places where subways cannot be built, they will choose light rail for the purpose of connecting to the grid, instead of Yunba, which cannot be connected to the grid."

"The remaining cities, even if they have passed Yunba's approval, are relatively poor economically and cannot support Yunba's high investment. In the end, either we will have to advance money from BYD, or the project will be unfinished."

"The former is unrealistic. BYD is also short of money. We are doing Yunba to make money, not for charity."

"The latter is even more boring. Once the project is unfinished, let alone making a profit, there is a question of whether we can recover the capital."

At this time, Shopkeeper Wang didn't know what to say.

Although I felt very sad, I couldn't deny what Wang Yi said.

Listening to what Wang Yi said, BYD Yunba seems to have a bleak future!

Other directors and senior management nodded in agreement.

In fact, many people had opposed the Yunba project long ago.

Without him, we already have subways and light rails, so what does Yunba mean?

To put it bluntly, this thing is just like magnetic levitation, short-lived.

As long as it cannot be integrated with the existing transportation network, development will be difficult.

As long as the cost is high and the carrying capacity is low, it will be even more useless.

But as an idealist, Shopkeeper Wang still doesn't want to give up easily.

Wang Yi had no choice but to continue:

"When people buy things, they also know how to shop around and choose the one with the best deal."

"BYD Yunba is not cheap at all compared to light rail. Its passenger carrying capacity and profitability are not as good as light rail. It cannot be connected to the subway grid. What do you think they are trying to do?"

"As long as there is no serious illness or other interests, we will not build the more cost-effective light rail and build Yunba!"

Wang Yi said this very bluntly.

To put it bluntly, Yunba is an airbus, and its passenger capacity is so small that it is difficult to describe it.

One carriage can carry up to 70 passengers, and three carriages can only carry 210 passengers.

Even if there are four carriages, there are only 280 people.

That's right, just that few.

As for the subway, the eight carriages can carry as few as 2,000 passengers, while the 8A carriages with as many as 8 carriages can carry up to 3,456 passengers!

Ten times that of BYD Yunba!

Even the light rail can carry thousands of passengers, and the cost is about the same as Yunba.

It can be said that with such high costs and such low passenger capacity, the return on investment of Yunba is too low and it cannot be connected to the subway network.

It is precisely because of this that the Yunba project has been killed by the National Development and Reform Commission in many cities.

Even more than ten years later, there will only be BYD Yunba in four or five cities.

And there are only one or two lines, very few in number, just as a supplement to the subway and light rail.

Mostly in order to attract BYD to invest in the local area, such a costly thing was specially approved!

Anyone who really wants to improve urban commuting will choose subways and light rails.

After all, the difference in passenger capacity is ten times, which is a huge difference.

Shopkeeper Wang still wanted to make the final struggle: "Dr. Wang, Yunba is positioned as a small-capacity commuter. It can't be compared with the subway!"

Wang Yi smiled: "Commuting with a small passenger volume? You can do this in Europe Union, they have fewer people. But in China, first- and second-tier cities have tens of millions of people. Most of the places that need subways and cloud buses are business districts.

.How many people commute to the business district? Your 280 per trip is a drop in the bucket, what can you do?"

Shopkeeper Wang was speechless for a moment: "..."

"A subway can carry two to three thousand people in one trip. You Yunbala takes away 200 people. How long do you have to wait for the remaining 2,000 people?"

"This..." Shopkeeper Wang was completely silent.

Wang Yi waved his hand, not bothering to say more: "Well, since it is the board of directors, how about we vote? I propose to terminate all research and development of the Yunba project. If you agree, please raise your hands."

With that said, Wang Yi was the first to raise his hand.

After a brief hesitation, other shareholders and senior executives also raised their hands.

Before Wang Yi appeared, shopkeeper Wang said whatever he said was true, and it was difficult for them to object even if they wanted to.

No one even wanted to come forward.

Now that Wang Yi took the lead and took the lead, they naturally raised their hands and gave their full support.

After all, no one is optimistic about the Yunba project except the top leader of Yunba and shopkeeper Wang.

Seeing that more than 70% of the people raised their hands, the corner of Shopkeeper Wang's mouth twitched.

But I also understand that this matter cannot be eased.

BYD Yunba project is cool!

Wang Yi rejected it directly. Three times the voting rights were useless, so I rejected it.

"Perhaps the Yunba project really has no future." Shopkeeper Wang sighed: "I accept this result and will completely stop R&D investment in the Yunba project from now on."

In the previous life, BYD Yunba invested 10 billion in research and development, but in the end only a few were built.

Most of them are friendly cooperation...

There is no way. Small cities cannot afford to build Yunba. Yunba cannot meet the passenger demand of big cities, and it cannot be connected to the grid. It is better to build subways and light rails directly.

The result is neither good nor bad.

Shopkeeper Wang’s expression was a little complicated. He didn’t expect that the introduction of Wang Yi’s 5 billion strategic investment would directly negate his two major strategies!

Diversified development and the Yunba project were both rejected!

The problem is, what they said was so reasonable that he could no longer refute it, and even more than 70% of the directors agreed.

Shopkeeper Wang looked at Director Wang: "Since Director Wang rejected the two major plans I proposed, then according to Director Wang, how should BYD spend the five billion so that it can be spent wisely?"

Wang Yi smiled faintly: "It's very simple. Focus on core industries and make flagship products!"
To be continued...