Chapter 546: 540: Force Majeure

Chapter 546: Chapter 540: Force Majeure

This is a matter that relates closely to ordinary people. In other aspects, the simplest point is that electric cars will completely change the existence of petrol cars. Rapid charging technology makes electric cars a possibility, allowing them to be fully charged within a mere tens of minutes, but can cover a distance of over 1000 kilometers! The Tesla car company has now developed an electric car that can travel a distance of over 500 kilometers.

So, if the capacity is expanded by ten times then that means an electric vehicle that can travel over 5000 kilometers and only needs 20 minutes to charge. This means electric cars will completely wipe out any emission concerns, have no pollution, and will greatly exceed the mileage of petrol cars. This signifies that electric cars will completely replace petrol cars. And it’s not just limited to electric cars, this also applies to ships, airplanes, aeronautics and astronautics, etc. Basically, anything connected to fuel will be influenced by this new battery technology.

So, the key question is, under these circumstances, it’s pretty clear that oil is on its way towards replacement.

“Miss Sommer, what do you mean?” Prince Walid took a deep breath and then asked with a slightly dry tone.

“Nothing much, just wish to sign an agreement with Prince Walid and the official team of Tebonia.” Sommer smiled and replied.

“What agreement?” Walid did not ask whether this could succeed because the fact that the other party dares to propose it means that there’s an 80% probability it already has. Also, even though countries around the world are increasing their research on graphene, and some battery companies in the North Federation have almost figured it out, that’s just limited to their laboratories.

“Are you sure?” Walid promptly stood up from his couch.

This part of the story sees Finn Lewis manipulating the crude oil futures market, forcing Planet and Southland Country.

Hanson Lee’s choice leaves Finn Lewis absolutely speechless, forcing him to admire his own abilities. What is this? Persuading Hanson Lee and making him take his side? For goodness sake, he’s the chairman of the Planet Group! Well, he’s the former chairman at the moment, but given Hanson Lee’s current health status, if he announces he has recovered, no director of the Planet Group would let his son continue being the chairman.

Take Hanson Lee’s influence in Planet out of the picture, even the current development of Planet has reached a bottleneck phase. Without Hanson Lee, no one knows the way forward. Since Hanson Lee has said so, Finn Lewis believes he will surely be able to do it. Just this is a bit too ruthless, right? The Planet Group is one of the world’s five major financial groups, and the market value of Planet Electronics alone is around 200 billion Federal coins. The market value of the entire Planet Group is an incalculable figure.

Just like the Ten Financial Groups of the North Federation. Be it Fleur Rouge, the Travis Family, or Morgan, the families these financial groups represent, none of their members have made it on the world billionaire ranking. Of course, this is related to the world billionaire ranking system. It ranks individual wealth, what is individual wealth? The definition differs between domestic and abroad.

At home, let’s say a family, a husband and wife together have 1 million. Then it’s not wrong to say that the husband owns 1 million. But it will not be calculated this way abroad, they will strictly count the property under your individual name. In other words, even if you and your wife together own 1 million, but you only have 60% of the disposition rights, then your individual property is only 600,000, not 1 million.

That’s the difference. So you won’t see these people on the world billionaire ranking, but the money they can muster definitely exceeds your expectation. Let’s not talk about others, just look at Hanson Lee, his individual asset is around 117 billion Federal coins. But when Hanson Lee just discussed his input with Finn Lewis, he was able to put in 200 billion Federal coins into the new company Finn Lewis is starting.