China-made Model 3 vehicles are officially exported to Europe, Tesla leads China’s new energy vehicle market

  Original title: Chinese-made Model 3 is officially exported to Europe. Tesla leads the Chinese new energy vehicle market

  Source: Shanghai Securities News

  High-quality smart electric vehicles made in China are accelerating their global presence. Yesterday, Tesla announced that the Model 3 made in China has passed all the certification requirements for entering the European market and officially exported to more than 10 European countries including Germany, France, Italy, and Switzerland.

   Tesla said that while the Shanghai Super Factory currently meets the needs of the Chinese market, it has the ability to provide “Made in China” products to European consumers. With the continuous promotion of Model 3 export business , It will further expand the favorable situation of the double growth of China’s new energy vehicle export volume and export value, and better drive China to form a new development pattern with domestic and international cycles as the main body and mutual promotion of domestic and international cycles.

   A reporter from the Shanghai Securities News learned that the upgraded version of Tesla’s Chinese-made Model 3 standard battery life exported to Europe is consistent with the models supplied to the Chinese market. Thanks to the advantages of local production, Chinese consumers can enjoy Tesla products of the same quality at better prices.

   Tesla Shanghai Gigafactory has become an important part of Tesla’s business. This can be seen in the third quarter earnings data that Tesla just released. Financial report data shows that in the third quarter, the production capacity of Tesla’s Model 3 in Shanghai has increased to 250,000 vehicles per year, and Model Y is expected to start production in 2021 and deliveries in early 2021.

  ”The achievement of an annual production capacity of 250,000 vehicles is a major benefit to Tesla’s global business, enabling the Shanghai Gigafactory to provide products to European consumers while meeting the needs of the Chinese market. Shanghai Gigafactory The official launch of the entire vehicle export business to the European market in October represents that the product quality of the domestic Model 3 has been recognized by the European market. It can be said that the Shanghai Super Factory has a huge supporting role for Tesla’s China and global business.” A relevant person in Slav said.

   Tesla Shanghai Gigafactory is China’s first wholly foreign-owned vehicle manufacturing project and the first overseas production base of Tesla Motors. At the beginning of this year, Tesla’s Shanghai Gigafactory took the lead in becoming one of the first domestic manufacturers to resume work and production, and quickly completed the ramp-up of production capacity, laying a solid foundation for the export business of complete vehicles.

  Industry Securities analyst Dai Chang believes that for investors, as Tesla gradually becomes the leader in electric vehicles and its scale is rapidly increasing, its demonstration effect will gradually form an industry trend. Tesla The industry chain will also gradually enter the second stage, that is, the industry trend led by Tesla will nurture huge opportunities.

  As the world’s largest new energy vehicle market, China’s sales of new energy vehicles have ranked first in the world for five consecutive years. The spokesperson of the Ministry of Industry and Information Technology Huang Libin said at a press conference of the State Council Information Office recently that the total investment in the entire industry chain of domestic new energy vehicles has exceeded 2 trillion yuan, which has increasingly become a new driving force for economic development.

   In terms of new energy vehicle development planning, the State Council executive meeting passed the “New Energy Vehicle Industry Development Plan” on October 9th, clarifying the direction of new energy vehicle development in the next 15 years. According to the plan, by 2025, the market competitiveness of new energy vehicles will be significantly improved. Major breakthroughs have been made in key technologies such as power batteries, drive power, and on-board operating systems. New energy vehicles and new vehicles account for about 25% of the sales volume. The sales accounted for 30%, and highly automated driving intelligent networked cars realized limited area and specific scenario applications.

   Libin Huang said that the next step will be to take the “New Energy Automobile Industry Development Plan” as an opportunity to adhere to the development direction of electrification, interconnection, and intelligence, in-depth implementation of the national strategy for the development of new energy vehicles, and promote my country’s new High-quality development of the energy automobile industry.

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