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Domestic parts manufacturers of Tesla are expected to take advantage of the situation

2020-08-28 17:07:43  hitsCategory:Industry news

Tesla is the leading enterprise of new energy vehicles. With the full localization of its parts and the construction of super factory in Shanghai, it will bring new development opportunities to domestic parts manufacturers.

As a leading enterprise of new energy vehicles, Tesla won the first place in the sales of new energy vehicles in the world in the first half of this year. With the full localization of Tesla parts, it is expected that by the end of August this year, the localization will reach 80%, which also brings new opportunities to the supporting industry chain.

In the field of traditional fuel vehicles, China's spare parts enterprises lack of innovation ability and obvious technical advantages. On the contrary, they have been in a strange circle of price competition. Price competition brings low profits, which makes enterprises unable to invest in R & D. therefore, most of the domestic products have been in the low-end field. With the development of Tesla's new energy industry, it brings new demand for parts. Before the formation of barriers, this is a great opportunity for China's spare parts enterprises to get out of the predicament. At the same time, the "catfish effect" brought by the localization of Tesla has also stimulated the competitive pressure among enterprises. Domestic enterprises should actively develop products with independent technology through technological innovation.

It is reported that Tesla will build a super factory in Shanghai in 2019 and is expected to be completed in 2021. Around Tesla's Shanghai factory, a new "ecosystem" of parts supply is forming. Only by dancing with the strong can we become a strong one. At that time, Tesla's industrial chain after mass production will really rise.

Connector manufacturers will also benefit from this. It is understood that the development of connector mainly depends on communication, automobile, computer, industry and other industries. Among them, the application of automotive connector accounts for the largest proportion. According to the data in 2019, the proportion of connector enterprises in the automotive field is 22%. Among many suppliers, many enterprises have transformed from consumer electronics into automotive industry, among which Changying precision has entered the field of new energy vehicles and achieved good results.

Changying precision entered the field of new energy vehicles in 2017 and cooperated with Tesla. Changying precision and its holding subsidiary Suzhou collente are both suppliers of Tesla, and their products have been supplied in mass production, mainly providing high-voltage electrical connections and interior accessories. It is reported that the medium and high voltage flexible connection of Tesla domestic model 3 is basically supplied by Changying precision subsidiary, clente. According to the semi annual performance report of 2020 released by Changying precision on the evening of August 17, during the reporting period, the company achieved a revenue of 4.006 billion yuan, a year-on-year increase of 1.2%; the net profit attributable to the shareholders of the parent company was RMB 229 million, with a year-on-year increase of 91.1%. It is worth mentioning that the company's revenue to Tesla increased by 31.42% year-on-year.

However, there are also hidden worries behind the carnival. Foreign parts manufacturers do not want to miss Tesla's "big cake" and are stepping up their layout in China. Therefore, domestic parts manufacturers should have a sense of crisis. Opportunities are always reserved for those who are prepared. Facing the opportunity of Tesla's localization, domestic parts enterprises need to make up for their shortcomings as soon as possible, improve their technology and actively participate in the market competition.

Under the situation of irreconcilable friction between China and the United States, despite the sudden changes in the environment brought about by the epidemic situation and the provocation of the United States, the domestic substitution effect has also been triggered in the domestic market. This localization of Tesla is also a potential opportunity for domestic substitution. It is not only the opportunity brought by Tesla's localization, but also the Chinese government's efforts to achieve overtaking on the curve through new energy vehicles. Domestic parts manufacturers should also actively open up a new situation in the changing situation, seize the opportunities and meet the challenges, so as to "make another village full of bright flowers". The above content is transferred from the network.

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