Liquidmetal Technologies Inc (LQMT)

[Out The Window]

http://www.cbea.com/xnyqc/201907/577857.html


"At present, Tesla's parts supply is large and small, and several domestic parts companies have already taken the lead. Prior to this, Yi'an Technology (300328.SZ) announced that the company's supporting project with Tesla had signed a confidentiality agreement with Tesla. The GEM listed company with a total market capitalization of only 5 billion has become a level of Tesla. supplier. Yi'an Technology's entry into Tesla's procurement field is precisely its liquid metal products with research and development advantages. At present, Yi'an's liquid metal accessory products are mainly used for Tesla's car door locks, mobile phone trays, hinges, USB. In terms of decorative parts and battery cases, these aspects will also be involved in the new Model3 models of the Shanghai plant in the future."


Tesla's Shanghai plant will be put into production during the year, who will benefit from the parts industry chain
Release time: 2019-07-29 11:39:31 Keywords: power battery new energy vehicle




At the time when the Chinese auto market continued to slump, the completion and commissioning of the star electric vehicle company Tesla Shanghai Plant was a stimulant for the domestic auto industry.



Tesla executives revealed that Tesla's Shanghai plant project will not be promoted step by step, and it is expected to be put into production ahead of schedule. The Shanghai plant will find the best industrial chain configuration among domestic parts suppliers. Tesla China's industrial chain parts and components "concepts" are on the horizon.



Consider suppliers nearby



The Shanghai Super Factory is Tesla's first manufacturing facility in China and the first electric vehicle factory in China to be wholly owned by a foreign automaker. Tesla's Shanghai plant has a total investment of 50 billion yuan, and the first phase of investment is 16 billion yuan. In the initial stage, the assembly line will be built first, and Tesla Shanghai will be built at the fastest speed.



The Tesla Super Factory in Shanghai Lingang is currently under construction. The structure of the on-site plant has been basically completed. At the same time as the installation of production equipment, the substation with a total investment of 72.22 million is also under construction. Tesla Super Factory (Phase I) has demanded electricity, so as to achieve the goal of the plant to start production in the fourth quarter of 2019.



“The Tesla Shanghai factory will not be step by step, and all links are accelerating.” Te Lin, vice president of Tesla Global, who participated in the Tesla Shanghai factory project, said that Tesla, subject to the Chinese government’s compliance requirements, said The Shanghai plant is expected to achieve vehicle downline by the end of 2019 in order to achieve the Tesla speed of “signing in the same year, acquiring land in the same year, starting and commissioning in the second year”.



Ma Chunlei, director of the Shanghai Municipal Development and Reform Commission, said that the Tesla Shanghai Super Factory project is progressing smoothly and has now entered the stage of production equipment installation. The factory's production capacity will gradually climb to about 3,000 vehicles per week. From the end of this year to the beginning of next year, consumers will be able to see or buy the Tesla Model3 new energy vehicle produced in Shanghai, China.



According to the latest production data released by Tesla in the second quarter of 2019, Tesla produced a total of 870,48 vehicles, an increase of 12.9% compared with the first quarter, about 95,200 vehicles, an increase of 51% from the first quarter and an increase of 133.5 compared with the same period last year. %, set a record for Tesla production and delivery.



Behind the delivery dilemma is the lack of capacity. At present, Tesla has not many factories, and the entire vehicle assembly plant in operation is only the super factory in Fremont, California. Therefore, the Shanghai Super Factory will be the biggest capacity driver and guarantee to help Tesla's quarterly production break through 100,000 bottlenecks.



According to Ye Liang, a partner of Ernst & Young, as a single model, the output of 3,000 vehicles per week at the Tesla Shanghai plant is still considerable. Whether it is 3,000 vehicles per week or boosting the capacity requirements of 100,000 bottlenecks, Tesla's Shanghai factory has become the focus of attention for all parts and components, especially when the Chinese auto market has been falling for more than a year. For the parts and components enterprises is undoubtedly "snow in the snow." On the other hand, choosing suppliers in China is conducive to reducing costs, which is also the need of Tesla itself.



Tesla has always been a global supply chain. Tao Lin confirmed that the Shanghai factory will continue the previous style, looking for the best industrial chain configuration, one of the important criteria is the fastest and closest, and the supplier must also have high efficiency and ability.



Multi-domain suppliers including “Three Powers” ??are expected to benefit



The completion and commissioning of the Tesla Shanghai plant will be comprehensive for China's electric vehicle parts industry and will involve various segments of the market.



“The biggest convenience for Tesla to achieve localization in Shanghai is that it can choose a good and inexpensive parts supplier, and it has had many experience in using Chinese parts before.” Roland Berger executive director Gu Yazhen said In June 2019, Tesla applied for a 25% tariff exemption for parts such as on-board computers and central screens produced by Model 3 in the United States. Although it was rejected by US trade officials, it also proved that Tess Pulling on the dependence of Chinese parts suppliers.



On the other hand, although electric vehicles are generally considered to be more easily modularized than conventional gasoline vehicles, electric vehicle manufacturing, which is a multi-technology combining new energy and autonomous driving, is still a very complicated system engineering that requires multi-party collaboration. Specifically, the Tesla industry chain involves suppliers including powertrain systems, electric drive systems, charging, chassis, body, other components, central control systems, interiors and exteriors, covering direct and indirect suppliers. More than 130 companies in China are expected to benefit from the above-mentioned segments that meet the interests of Tesla's Shanghai industrial chain optimization.



At present, Tesla's parts supply is large and small, and several domestic parts companies have already taken the lead. Prior to this, Yi'an Technology (300328.SZ) announced that the company's supporting project with Tesla had signed a confidentiality agreement with Tesla. The GEM listed company with a total market capitalization of only 5 billion has become a level of Tesla. supplier. Yi'an Technology's entry into Tesla's procurement field is precisely its liquid metal products with research and development advantages. At present, Yi'an's liquid metal accessory products are mainly used for Tesla's car door locks, mobile phone trays, hinges, USB. In terms of decorative parts and battery cases, these aspects will also be involved in the new Model3 models of the Shanghai plant in the future.



Featuring the shock absorption and noise reduction, the Top Group (601689.SH), which is mainly engaged in the lightweight chassis business, has also entered the plates purchased by Tesla. With the establishment of Tesla in Shanghai, Tuopu is the leading supplier of lightweight chassis in China, and its layout is close to Shanghai. It is expected to further increase cooperation with Tesla.



However, compared with the early adopters of Tesla's parts supply chain, Tesla's Shanghai plant has been put into production to bring greater cooperation and profit imagination space to China's domestic parts industry. "Three powers" (motor, electric control, battery).



Tesla CEO Musk has said that Tesla will produce all battery modules and battery packs at the Shanghai plant and plans to diversify its sources.



According to Mu's style, according to Musk's style, the three electric technologies will still be in the hands of Tesla in the Shanghai factory, but they are still open to relevant suppliers. "Now the Chinese suppliers have not yet entered, this is also to test the strength." Gu Yazhen said.



At the beginning of 2019, foreign media reported that Tesla had signed a preliminary agreement with Tianjin Lishen to supply batteries for the Tesla Shanghai Super Factory, and was studying the specific supply details. However, according to the feedback from the Tianjin Lishen and Tesla spokespersons, both parties indicated that they did not sign any agreement with the other party.



However, in this field, Tianjin Lishen is not the only choice for Tesla. Shenzhen BAK and Far East Foster have started mass production of 21,700 batteries by the end of 2018. In addition, Yiwei Lithium Energy (300014.SZ) also has a capacity of 21,700 batteries.



Regardless of which of the Chinese component companies in each segment is the Tesla supplier, it is possible to further expand the proportion of Chinese parts and components in the Tesla supply chain, and to the Chinese auto parts manufacturers that have had a bad time in the auto market. It’s all good news.