In 2010, when low-speed electric vehicles occupied a legal gray area, Wang Le, owner of a small factory driven to bankruptcy by industry giant Liu Deyong, was reborn with the Industrial Deep-Dive System.
Liu Deyong declared, “You think a lousy tricycle factory can compete for market share? Just wait to be bought out!”
Wang Le smiled. “Sorry, but I’ll put air conditioning in my tricycles first, then add power windows and build county-level warehouses. I’ll leave your Shifeng brand completely lost.”
Reported for producing vehicles without official approval? A provincial TV interview turned it into free publicity.
Supply chains cut off? He built his own warehouses, overhauled his suppliers, and slashed costs by 15%.
A price war? His System helped him stand apart, selling for less while earning more.
His goal was to let 900 million rural residents pay the price of a tricycle and drive a little “car” with air conditioning and a rechargeable battery.
This could really work!
Recommended Recommended No, I don't recommend reading it now.
Good, good, good