According to the latest news from the media telephone interview, the US Tesla company's domestic planning in China has finally come to the fore, and it will form a joint venture with Shanghai Electric Group Co., Ltd. (Shanghai Electric).
On the morning of June 22, under the witness of the Shanghai Municipal People's Government, Tesla signed a joint venture framework agreement with Shanghai Electric. Tesla will build a plant in Shanghai Lingang Development Zone to start production of electric vehicles. Although Tesla officially has not announced the domestically produced models, foreign media speculates that it may be the model's most capable Model 3 entry vehicle.
From Tesla's global plan, Model 3 is scheduled to start production in the US in July this year, and mass production in September. It is expected to increase production capacity to 5,000 vehicles per week in the fourth quarter and double to 10 in 2018. , 000 vehicles / week. The starting price of the new car in the United States is 35,000 US dollars, about 220,000 yuan. It is estimated that the domestic sales price will exceed 300,000 yuan, which is expected to be significantly reduced after domestic production. The car will play a pivotal role in expanding the scale and improving profitability of Tesla, and even largely determines the future success or failure of Tesla. Whether it can be successfully put into production in China and gain favor from consumers will determine whether Model 3 will succeed.
Shanghai Electric Group Co., Ltd. (601727), with a registered capital of 13.431 billion yuan, is mainly engaged in the design, manufacture and sale of power station, transmission and distribution, mechanical and electrical integration, transportation, and environmental protection equipment related equipment manufacturing products. One of the largest enterprise groups in China's equipment manufacturing industry. Since the 1990s, sales revenue has consistently ranked first in the national equipment manufacturing industry. In recent years, new industries such as solar thermal power generation and electric transmission have begun to enter the market, which is consistent with the new energy business that Tesla is committed to after acquiring SolarCity.
A long time ago, Shanghai Electric joined the “in-game†of new energy vehicles. As early as June 2011, Shanghai Electric and Shanghai Electric Power jointly established Shanghai Electric Transmission and Distribution Equipment Co., Ltd. to meet the needs of smart grid, new generation power system and energy saving and environmental protection, focusing on the development of UHV equipment and new energy access. , energy storage equipment and control systems, electric vehicle power batteries and charging piles, charging and replacing systems and other new energy fields.
Not only that, Shanghai Electric is also located in the Lingang Economic Development Zone, with the largest tonnage of 5,000 tons of docking vessels and the largest terminal lifting capacity of 1,400 tons. The railway is directly connected to the workshop, and the waterway, railway and highway traffic are convenient. Shanghai Electric's charging pile strength and localized resources in China are exactly what Tesla urgently needs to expand its market in China.
Since the resumption of trading of Shanghai Electric stock since May 2017, the stock price has been in the adjustment stage, from the stage high of 9.25 yuan to the lowest 6.50 yuan, and then began to pull up to 7.77 yuan on June 21. On June 22, Shanghai Electric suspended the day due to a working meeting of the merger and acquisition review committee.
It is said that the company has also made great contributions to the project of “Tesla†electric vehicles, Anhan capsule gastroscopes and Italian light aircraft R&D bases in Shanghai, and has achieved fruitful results in promoting technical cooperation.
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