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We all know that energy is now undergoing reform and upgrading. There was fossil energy before, but now more businesses and energy itself are moving towards electric transportation. It is also very important to manage mobile energy. First of all, clean energy must be used. If necessary, how to get energy is our solution here.

It is relatively simple to build an electric vehicle, but the whole life cycle management and battery life cycle management are very important. Such as the strength of the battery and how to charge it, these are the contents we need to solve. But at the end, we also need to emphasize what kind of solution the battery recycling is, so the whole battery is a full life cycle management. This is a new challenge for us, because we do not need to use such technology in the past cars.

For us, we first want to carry out the electrification of bicycles, and we hope to experiment with this project first. Now in China, we have obtained some permits like Jiangsu, Henan and Zhengzhou to do the concept of electric city. There are about 400 power stations on the first floor. If we sell electricity like China Power Grid, because the purchase price is relatively low, this is not our choice.

Now look at the situation in China. If it is an independent power plant, it may be difficult to survive. First, we need to solve the problem of power generation, and then we need to solve the problem of power sales. For us, we need to provide a battery pack, in which there will be many control systems to collect data. The data will be generated during the whole driving process. We will get the data, and then we will see how people drive, how to charge, where to charge, etc. So after all this information is collected, we can carry out a unified and coordinated management, so that we can know when to replace the battery for customers and when to provide other services. This is the overall solution. No matter solar energy, hydropower, wind power generation, etc., after power generation, consumers need to be served. This is our closed-loop service process. We call it the energy solution.

All the big problems are solved through solutions. If this is achieved, electric vehicles can certainly get a very good development. In addition to the battery recycling just mentioned, how can we improve the utilization rate of these waste batteries?

So in the future, it may be the trend that whoever sells batteries will recycle batteries. We will separate the car and battery businesses. If we separate them and then combine them in a fine way, it will help us advance the whole electric vehicle industry and achieve ecological development.

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