Tesla 100% localization, why did they do it?

The localization of Tesla 100% is of great significance. For Tesla enterprises, with the gradual improvement of localization rate, domestic high-quality and cheap parts suppliers will bring down the localization cost of Tesla and improve the competitiveness and market share of Tesla products. On the other hand, from the perspective of the development of new energy vehicles in China, Tesla 100% localization has established a huge supply chain in China, which has promoted the development and perfection of relevant industrial chains of new energy vehicles, and finally formed a complete industrial chain of new energy vehicles, thus promoting the development of new energy vehicles in China.

Tesla's super factory in Shanghai. Building a factory requires a lot of money, and Tesla has successively borrowed from a number of banks. What is the lowest interest rate that the best state-owned enterprises can get? The accumulated loan is 654.38+0.5 billion yuan. Regardless of land, construction, capital, subsidies and policies, Tesla entered China this time, and all links were smooth as silk. Why? The weakest link in China's electric vehicle industry chain is vehicle manufacturing. If it is weak, it must be supplemented, but this is the difficulty of vehicle manufacturing. It needs the support and perfection of the whole industrial chain. Tesla is the enterprise that drives this industrial chain.

China enterprises are stepping into Tesla's core supply chain. Raw materials such as cobalt, manganese, nickel, lithium and graphite in the upstream, and connectors in the downstream, including the whole vehicle link in the downstream, will generate greater kinetic energy, which is of great benefit to the whole power vehicle industry chain. Our materials, equipment and lithium batteries will inevitably give birth to an excellent enterprise like Luxshare. With the shift of Tesla's industrial chain focus to China, under the new national standard of charging facilities, China charging equipment manufacturers, operators and integrators are expected to further increase their participation in Tesla China.

To sum up, the localization of Tesla 100% plays a very important role in China's new energy automobile manufacturing industry. Similarly, after localization, the cost of Tesla will be further reduced, the price of Tesla will be reduced and its competitiveness will be improved. This move is a win-win situation.