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Chapter 577: Chapter 571: A Kind Of Capriciousness Is To Crush You With Money

The third trading day was rather quiet, with most of the attention shifting to Finn Lewis’s press conference. Many had already received insider information regarding the press conference, indicating that not only was the Virtual World Corporation, owned by Finn Lewis, involved, but also Flying Horse and Eldora companies were participating.

“Good morning everyone, we et again. I feel like I have been in the spotlight a lot recently,” Finn Lewis stood on the podium of the press conference, looking at the sea of reporters below. He laughed lightly while speaking, eliciting a good-natured laughter from the reporters. Indeed, recent events revolved around Finn Lewis, making his dia presence incredibly high.

“However, perhaps so entertainnt industry celebrities might find annoying,” Finn Lewis continued, chuckling. “Because I always seem to grab their headline news.” With this remark, the reporters burst into laughter again. However, so reporters couldn’t help but add in their minds; ‘annoying you? Nobody would dare to show that outright! Are you kidding? Even though Finn doesn’t mingle with the entertainnt industry, if one were to offend him, the consequences would be dire, even if Finn didn’t react.’

Such economic and entertainnt companies would most likely make you miserable. As for headline news, recent headlines definitely have nothing to do with the entertainnt industry. Big events have been happening a lot lately, it seems impossible that it would be the entertainnt industry’s turn.

“I believe that so well-inford reporters already know that this press conference is related to the automotive industry revolution. Strictly speaking, it doesn’t have a direct connection with the automotive industry revolution, but it will definitely have a significant influence on the structure of the automotive industry. All of you should be aware of a current phenonon in Fla Nation that many people do not trust dostic car manufacturers when buying a car.”

“They always feel that cars imported from the Graham Kingdom are of higher quality, or have superior safety features. Although the automotive industry in Fla Nation did start later, it cannot be denied that the automotive industry is booming. My Goddess of Light car manufacturing factory, known to many dostically, is proof of that – a locally produced car.”

“You don’t have to disbelieve it, it really is a dostically produced car. The technology used is far beyond what my previously-acquired Flying Horse and HyperCraft brands could have achieved. I believe many people are aware of this. However, everyone also knows that the Goddess of Light cars are too expensive. Even the average affluent individual can’t afford them, only those with more money than they know what to do with can. But for ordinary people, these cars are too distant and aren’t ant to be a part of regular life.”

“With that being said, I’ve done everyone a favor. Just a few days ago, I visited the Graham Kingdom and reached an agreent with two famous brands, the Graham Kingdom Flying Horse Company, and the Graham Kingdom Bavarian chanical Manufacturing Factory which is commonly known in our nation as Eldora. According to the agreent, I will provide so technology to these two companies, then swap technology for shares, completely acquiring these two companies,” Finn Lewis said, pausing for a mont.

At first, the reporters below didn’t quite understand what was happening, but after a brief mont of shock, there was an uproar. If it wasn’t for the discipline maintained at Finn Lewis’s press conference, so reporters would probably jump up to ask questions right away.

With the acquisition of Flying Horse and Eldora, the faces of reporters who had so knowledge of the banking industry were filled with shock. What did this all an? Those who didn’t understand the industry wouldn’t know. Eldora, an expert in car manufacturing for hundreds of years, is not the main concern. Flying Horse is different – it doesn’t just produce cars. Although Flying Horse is known for its cars, it also produces planes for the defense departnt of the Graham Kingdom, has manufactured tanks, armored vehicles, and is famous worldwide in the heavy truck industry – producing military trucks, civilian heavy-duty trucks, police trucks, and large passenger buses.

Although sales of these heavy trucks aren’t as high as regular cars, this indicates that Flying Horse is globally leading in engine and other heavy machinery fields. With Flying Horse entirely acquired by Finn Lewis, what would the military departnt of the Graham Kingdom do?

“Now, all dostic consurs don’t have to worry about not being able to afford Flying Horse and Eldora. Since Flying Horse and Eldora are now considered dostic companies, most of their car models will drop in price by around 30% in the dostic market. Last but not least, Flying Horse, Eldora, and the Goddess of Light car company of Virtual World Corporation will jointly establish an engine family, providing a series of engines for the three companies. These engines will adopt a unified architecture, greatly simplifying maintenance work.”

“Ultimately, Flying Horse and Eldora will increase investnts into the production of fully electric cars in the next two to three years, promoting the process of electric cars. The graphene battery production factory that Virtual World Corporation has invested in building in the north has already completed its preliminary establishnt. It is expected to be fully operational by the end of this year. The high-performance graphene batteries will allow electric cars to drive more than 1000 kiloters. This ans that the era of new energy has arrived. In addition, we will work with dostic car manufacturers to conduct a revolution in the car industry. Even with electric cars possessing a driving range of over 1000 kiloters, car prices will not rise, but in fact, decrease.”

With Finn Lewis’s speech, the reporters below felt overwheld. However, so quick-thinking reporters instantly understood – Finn Lewis was swiftly using these two car companies to seize the dostic car market. Not to ntion, the 30% decrease in price is an absolutely harsh move. The lowest price for a Flying Horse car is about 300,000. With a 30% decrease, the sale price will be 200,000.

This price would instantly knock out a huge part of Japanese-brand cars. Not to ntion the adoption of many new technologies from the Goddess of Light cars. These new technologies would undoubtedly boost the competitiveness of Flying Horse and Eldora cars worldwide.

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