Tesla posted on the internet and the Shanghai government signed a meeting site map
[Netease Smart News June 22 news] This afternoon, media reports said that Tesla and the Shanghai government signed an agreement to invest and build factories. According to the cooperation agreement signed between the two parties, Tesla’s first factory in China will settle in Shanghai. Hong Kong Development Zone.
According to the Chinese automobile industry policy, Tesla needs to establish a joint venture with at least one local partner. According to sources, Lingang Group, Guosheng Group and Shanghai Electric are competing for the opportunity to establish a joint venture with Tesla. According to an article published by a media called “Dowge Says Carâ€, Tesla’s partners in China have already excluded SAIC and will not be a traditional automobile company. It may be Shanghai Lingang Group, the controlling shareholder of the group. For the Shanghai Electric Group.
According to financial network analysis, building a factory in China will reduce Tesla’s sales price in China and further strengthen Tesla’s appeal to consumers. Last year Tesla's total car production reached 83,922 units, a substantial increase of 64% year-on-year. In the Chinese market, Tesla’s revenue has tripled to more than US$1 billion. In the first quarter of this year, its sales in China increased by 300% year-on-year. The localization of Tesla will bring huge orders and brand value to Chinese partners.
Bohai Securities believes that Tesla’s investment boom has begun again and focuses on three main investment lines. One is the indirect suppliers of core parts suppliers, the other is suppliers that have passed Tesla supplier certification and co-branding, and the third may be Tesla's potential partner in China. (Yi Zhi)
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