Chen Yiyang was actually very eager to collaborate with Toyota on new energy electric vehicles.
He would provide the technology and products, and all Toyota needed to do was put their brand on it.
The main issue was that dostic car companies couldn’t penetrate the North Arican market at all.
No matter how good your product is, you can’t sell a single car there.
So it made more sense to partner with Toyota, using their brand to make money.
But Toyota is currently insisting on sticking to the hydrogen energy market.
Chen Yiyang previously discussed this matter with Toyota Osamu, but Toyota’s response was that they weren’t interested.
It could only be said that Toyota is still doing too well at the mont.
The next day, after Chen Yiyang woke up, Jiang Ming invited him for a al, hoping to introduce several friends also conducting frontier technology research.
"Currently, our research involves converting carbon dioxide into sucrose from scratch."
This ti, Jiang Ming brought over a doctor nad Jin Liang to introduce his research to Chen Yiyang.
"Is this reliable?" Chen Yiyang was a bit skeptical after hearing that.
Can carbon dioxide be converted into sucrose?
"Actually, we’ve already worked out the entire technical path," Jin Liang said, "A few years ago, our country had already achieved the artificial synthesis of starch.
Now, the approach to converting carbon dioxide into sucrose is similar, using technology to replace plant photosynthesis to obtain sugars.
Originally, this was a natural capability, but now we’ve mastered it artificially."
"Does this technology require soil or sunlight?" Chen Yiyang curiously inquired.
"Not at all," Jin Liang said, "We’ve built a carbon conversion platform that can operate continuously through an in vitro enzy system. The entire path requires only two ATP molecules to synthesize one molecule of sucrose, far less than the 37 ATPs needed by the natural pathway, reducing energy consumption by 90%, with a carbon atom recovery efficiency of up to 86%."
Hearing Jin Liang imdiately talking a lot of numbers to prove the efficiency of their technology,
With his rich experience dealing with entrepreneurs of this kind, Chen Yiyang imdiately guessed that the current flaw in this technology likely lies in the cost.
So, he asked, "What about the cost? Using your technology to convert carbon dioxide into sucrose, is the cost lower or higher than obtaining sucrose through planting on the market now?"
"Uh." Jin Liang, hearing Chen Yiyang point out the key issue, could only awkwardly say, "Since our technology has just been developed not long ago, the cost is about four or five tis that of naturally produced sucrose on the market."
In bulk trading commodities, even a fraction of a percent in cost can determine survival.
Four to five tis the cost naturally has no competitive edge.
"Go on," Chen Yiyang didn’t give this technology a death sentence.
After all, no product is perfect, if the advantages can cover the disadvantages, it’s also acceptable.
What’s more, this technology has just been developed; in the future, it may not necessarily be unable to lower costs.
"The biggest advantage of our technology is breaking free from reliance on land for planting."
Jin Liang also understood he needed to quickly list all advantages, so he hastily continued,
"We only need carbon dioxide, water, electrical or other energy sources, and so trace elents to produce sugars for human use.
This ans that in the future, we won’t need a lot of land to grow sugarcane and other crops, just an industrial workshop to supply humans with unlimited sucrose."
"So this technology can actually be used in space?"
Chen Yiyang imdiately caught the point, "Or rather, if humans could colonize Mars or the Moon in the future, this kind of technology could prevent humanity from wasting a lot of cargo capacity on basic food?"
Sugar is essential for human survival and the best source of energy.
If the sugar issue could be solved, it could indeed help humans get rid of food troubles in space.
Jin Liang didn’t think that far ahead.
After all, concepts like lunar colonization and space travel are more popular among outsiders.
Those of us who conduct genuine research know just how challenging it is, so we’re a bit more realistic.
"Currently, our goal is to try to reduce costs and eventually build sucrose conversion plants in remote or desert cities where transportation is inconvenient to enhance competitive capacity in the comrcial field."
"Alright, I’m willing to invest in this project." Chen Yiyang felt the prospects and hype of this project were good.
Moreover, more crucially,
when Jin Liang ntioned desert cities, Chen Yiyang imdiately thought of the Saudi tycoons.
The most crucial thing in Jin Liang’s team’s technology is obtaining sucrose in a way that can save a significant amount of water resources.
In several major cities in Saudi Arabia, water resources are precious, whereas energy is not lacking.
Furthermore, these cities heavily depend on external sources for food.
If the cost of sucrose plants decreases a bit more, those Saudi tycoons could invest in a few plants as strategic reserves for national security.
This is why Chen Yiyang decided to invest.
Later, he could use this project to approach the Crown Prince of Saudi Arabia, seeking more investnt.
After dealing with matters in the Imperial Capital, Chen Yiyang didn’t return to Lin’an but instead flew directly to Ludao Island.
There were issues on the Kuxing side needing his attention.
"Kuxing’s current key products have all been followed by Mishu Ice City, which has significantly impacted our sales."
After arriving at Kuxing Coffee’s headquarters, Jiang City ca to report the recent situation.
After Kuxing fell fully under Chen Yiyang’s control, he naturally hoped for Kuxing’s prosperity.
But over the past few months, Kuxing’s market share has started to decline instead.
The reasons being partly the ergence of Redi Coffee, which captured a portion of Kuxing’s market.
And another reason is another milk tea brand, Mishu Ice City, fully imitating and competing with Kuxing.
Actually, Chen Yiyang wasn’t too concerned about Redi Coffee’s competition.
Zheng Lu, to avoid repeating mistakes with Kuxing, has kept tight control over his company’s authority this ti around.
Those investors couldn’t obtain power and naturally needed to maximize benefits, so they signed betting agreents with Zheng Lu.
This results in a lot of pressure on Redi Coffee to go public.
All Kuxing needs to do is keep suppressing Redi, and Redi will implode because they can’t et the performance requirents for going public.
Conversely, Mishu Ice City’s low-price strategy has impacted Kuxing more significantly.
"Mishu’s costs are too low, and recently, subsidies for food delivery and instant purchase from major giants have been initiated.
Resulting in a price for a cup of Mishu’s lemon tea as low as one or two yuan. Although we also participate in subsidies, the base costs are there, and we can’t match Mishu’s low-cost pricing."
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