Chương 392: Chapter 281: Upgrading to S+ Entrepreneurship Support

Chen Pingsheng responded to Meng Yuyu's words.

Actually, he had already calculated, wanting to achieve cost leadership and technological leadership in the future.

In the next three years, at least another forty billion yuan or so would need to be invested in technology research and development for Tengfei New Energy.

This point was not an exaggeration.

As a result, he would also have to subsidize the new energy vehicle manufacturing with more than ten billion yuan each year.

Until the vehicle manufacturing was successful.

After breaking ground on the super-factory, the next step was to start construction on the Tengfei Entrepreneur Park, which would cover a hundred acres and require an investment of four billion yuan.

From construction to technology research and development, it would take at least three years for Tengfei New Energy to produce its first car.

Over these three years, his total investment would be roughly between sixty and seventy billion yuan.