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Entry date: 2018.07.11 04:00
With US President Donald Trump, the CEO of Ilron Musk Tesla, who attacked the barriers to entry into tariffs and other Chinese markets, decided to build an electric vehicle plant in Shanghai with an annual production capacity of 500,000 units. China has been the largest electric car market in the world for three consecutive years until last year, accounting for 15% (17,000 units) of Tesla's total electric vehicle sales.
Tesla, Shanghai Lingang Administration Committee, and Lingjiang Group agreed to build a factory in Lingang District of Pudong New District, while observing mayors of Shanghai and Maesk in Shanghai . (MOU) signed between China and the United States (Obs 觀, Shanghai Observer).
Giga factory that produces the battery and the finished car, unifies the manufacture and sale of R & D. Although the amount of the specific investment is not disclosed, it is the most Huge foreign-funded project in Shanghai's manufacturing industry, reported the Chinese media.
At this event, Tesla Shanghai Co., Ltd. and Tesla Shanghai Electric Vehicle Innovation Center held an opening ceremony. Earlier, Tesla set up a private company with a capital of 100 million yuan (about 17 billion won), including advice on technology transfer and technology transfer to the new Pudong district on May 10.
Tesla's project to build a plant in Shanghai, which announced last year that it is discussing the possibility of building a factory with the city of Shanghai, has become concrete. Yinghong said the company would support the construction of the Tesla factory with the utmost effort. "We will build the Giga factory in Shanghai for the first time outside the United States," said Mr Musk, who also promised to be "the most advanced electric car factory." ".
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- ▲ Shanghai media chief said yesterday that the CEO of Il-mus musk Tesla has announced plans to build a 500,000-unit electric vehicle plant in Shanghai, I said that I met. / Corrector
Liao Liang, a lieutenant of Maesk, said: "We are doing an international, domestic and practical business environment so that domestic and foreign companies can develop in Shanghai."
In a separate press release, Tesla announced that it would be able to provide its products in the near future as soon as all the necessary licensing procedures would be completed. Says that he will start building the factory in the city. It will start production two years after the start of the plant, and it will be able to start production of 500,000 units a year in two to three years.
Tesla is facing financial difficulties and it will be difficult to obtain additional funds until the investments are made. Goldman Sachs predicts that Tesla will need about $ 10 billion in additional resources for its US and Chinese plants to be operational by 2020. Bloomberg said it's waiting for it. that Tencent, which holds a 5% stake in Tesla, is investing in Tesla in China for $ 1.78 billion last year, helping Tesla to invest in China.
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- ▲ Tesla / Beijing = correspondent of Oh Gwangjin who participated for the first time at the Beijing Auto Show [19659008] Tesla Criticized the Construction of Overseas Factory
Maersk was criticized for criticizing President Trump about the barriers to entry into the Chinese market. Musk commented in an article on China's trade deficit released by Trump on Twitter in early March: "China pays 25% import duty on US cars, while US tariffs on Chinese cars are 2.5 times 10 times I'm scared. "The competition in China is like" participating in the Olympics with leading gods ".
"We can not have more than 50% stake in a local company in China," said Maesk, "but in the United States, there are five local companies with 100% stake in Chinese companies. "
Trump then said at a press conference on import rights on steel and aluminum that "all I know about Il Sung Maesk, but all the world knows it, "the Chinese authorities have known for a long time.
China will announce a roadmap to abolish all joint venture bonds by 2022, allowing foreign companies to install new factories such as electric cars from August 28, to 15
Nonetheless, President Trump said he dropped tariff bombs that added 25 percent duty on imported Chinese products to $ 34 billion a year from June 6, stating that China does not There was no impediment to entering the market.In response, China began imposing an additional 25% duty on US automobiles.
As the structure of Tesla's current export to China is deteriorating due to higher tariffs due to higher tariffs, it seems that the construction of a Chinese factory was quickly confirmed.
Tesla had to raise prices to consumption in China from around on 20% August 8, shortly after the imposition of customs duties on China. China's import tariffs on Tesla electric vehicles first went from 25% to 15% on July 1, but they increased to 40% due to the addition of 25% from the 6th.
Tesla's construction of the Shanghai factory was planned, but for this reason, it is becoming a new example of a reaction that triggered a trade war triggered by President Trump.
In June, President Trump announced that Harley Davidson, who praised management and trade union relations as the White House and "a US-made model," will transfer factories abroad, He is considered like a tailwind.
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