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Chapter 324 Experiment with VC money(2/2)

Another most powerful way is to think of ways to improve the quality and lifespan of bicycles.

If a shared electric scooter has a lifespan of 12 months, then Green will definitely catch the golden goose that lays eggs.

Because the scooters currently launched are basically scrapped after three or four months.

For Green to recover its costs, each scooter must work for at least four months or even longer.

"I have thought about some ways, but the best way is to work on hardware research and development to enhance the anti-theft function of the scooter, while making it more durable and the battery has a strong storage capacity..."

Zhang Yida began to explain Green's unit economic model to Shen Beipeng.

"Is it possible that Green will never be able to make a profit if it fails to achieve a breakthrough in hardware?"

Zhang Yida looked at Shen Beipeng and said with a smile: "To be honest, it may be what you said.

There will be profits in some areas, such as the United States and other developed countries. If you increase the rates, you can make profits.

Countries with weaker economies will probably have to lose money!"

Shen Beipeng did not expect Zhang Yida to be so honest, and felt that he had been on a pirate ship and could not get off.

"Is there no other way?"

Zhang Yida didn’t want to scare him, so he said: “Yes, if street charging piles are popularized, the cost of charging scooters can be reduced.

In short, everything is possible, don't be too pessimistic.

When Tesla first came out, everyone thought it was doomed."

"You're too naive! You can almost predict what will happen in the future, and you are still expanding crazily to Europe."

Zhang Yida smiled and said: "If you don't try it, how will you know? There is hope for profit."

Shen Beipeng scratched his hair, Zhang Yida was using venture capital money to experiment!

I made up my mind that I would no longer follow in the investment process and let the Wall Street tycoons do it!
Chapter completed!
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