"Tesla's batteries were definitely made by XiaSong Company. We still don't know who made Feiyang's batteries, but King Ning has the best chance of becoming its exclusive supplier."
In Min Province, not far from Tim Company, stood King Ning, a battery manufacturer with an international reputation. It stood shoulder to shoulder with domestic BYD, leading the battery industry and dominating its market.
The name "King Ning" came from the fact that its batteries were almost entirely supplied externally. Whether domestic or foreign manufacturers placed orders, it sold to them all.
Unlike BYD, which prioritized supplying its own batteries for BYD's own vehicles, only exporting surplus orders and batteries with slightly weaker performance.
BYD had noticed Tesla and Feiyang and was highly ambitious about the Humanoid Robot market. Naturally, King Ning had noticed as well, and its ambitions were no less great.
Compared to BYD, which wanted gains in both batteries and Humanoid Robot products, King Ning's goal was far purer. It only wanted the battery market.
That had both advantages and disadvantages.
The advantage was that King Ning was more focused in the battery field and could concentrate its efforts.
The disadvantage was that the end products were in other people's hands. King Ning was only responsible for batteries. Once others stopped using them, King Ning would be in deep trouble.
Batteries were unlike operating systems. There was no so-called "ecosystem" that, once established, could easily become a moat and keep others out. Anyone could enter the battery business, which meant King Ning could not form an absolute advantage or gain any real leverage over its customers.
King Ning's boss, Zeng Qun, specifically convened a small executive meeting over this matter. He declared ambitiously, "I investigated this. Feiyang has purchased batteries from both BYD and our company, likely for robot