Tesla’s proposed Chinese factory would crank out 500,000 cars a year (updated)
That didn't take long: Days after Tesla raised prices to offset import tariffs in China, the company has announced it has reached an agreement with the government in Shanghai to produce vehicles in the region. According to Bloomberg, it'll rival production of Tesla's sole factory in the US, with capacity to build 500,000 cars per year. It apparently won't be the only plant revealed in 2018, as the company teased that details for a European production facility would be discussed later this year.
Over the weekend, Tesla raised prices on the Model S and Model X by over $20,000 (depending on configuration) as a result of the ongoing trade war between the US and China. While there previously was a 25 percent import tax, it didn't stop the region from buying Tesla's cars. Last year the automaker sold 14,779 vehicles in the country, and the country represented almost 20 percent of Tesla's revenue. Then China raised the import duties for American-made vehicles by an additional 15 percent as a response to President Trump's trade war.
上周末，由于中美之间持续的贸易战，特斯拉将Model S和Model X的价格上调了2万多美元(根据配置而定)。虽然之前有25%的进口税，但这并没有阻挡该地区消费者购买特斯拉的汽车。去年，这家汽车制造商在中国售出了14779辆汽车，占特斯拉总收入的近20%。随后，作为对特朗普总统贸易战的回应，中国又将美国产汽车的进口关税提高了15%。
It isn't entirely clear what Tesla will build at the factory, but Musk has previously hinted that it'd likely be a site for Model 3 and Model Y (the company's crossover vehicle) production. Those cars still need batteries, though, and Tesla's lone battery factory is in Nevada.
目前尚不完全清楚特斯拉将在这家工厂生产什么，但马斯克此前曾暗示，它可能是Model 3和Model Y(该公司的跨界车型)的生产基地。不过，这些汽车仍然需要电池，而特斯拉唯一的电池工厂位于内华达州。
Musk has been talking about building a plant in China long before Trump added 25 percent import duties to over 1,300 Chinese products including steel, iron and touchscreens. The move will cut down on shipping fees, for starters, but it will also help Musk reach the production numbers and profitability he's been chasing for years.
Harley Davidson recently did something similar. As a means of sidestepping the trade war Trump started with Europe by adding tariffs to imported aluminum and steel, the company announced that it'd shift production of motorcycles destined for European customers to the continent.
Now to see how fast Tesla can build in China and if the factory will be up and running before this trade war ends.
Update: A Tesla spokesperson reached out to offer the following statement:
"Last year, we announced that we were working with the Shanghai Municipal Government to explore the possibility of establishing a factory in the region to serve the Chinese market. Today, we have signed a Cooperative Agreement for Tesla to start building Gigafactory 3, a new electric vehicle manufacturing facility in Shanghai. We expect construction to begin in the near future, after we get all the necessary approvals and permits.
From there, it will take roughly two years until we start producing vehicles and then another two to three years before the factory is fully ramped up to produce around 500,000 vehicles per year for Chinese customers. Tesla is deeply committed to the Chinese market, and we look forward to building even more cars for our customers here.
Today's announcement will not impact our U.S. manufacturing operations, which continue to grow."
原创翻译：三泰虎 http://jblasi.com/45533.html 译者：Joyceliu
WB7719 hours ago
Tariff is 15%. Increasing cost $20,000 means the cost before tariffs was $133,333 per car. Cost after Tariff will be $153,333. That is hardly an affordable car.
Randy20 hours ago
with one condition that is transfer of technology
Leo20 hours ago
Diraf19 hours ago
I thought tax breaks were supposed to stop corporations from moving. What was the purpose of the tax breaks?
kenneth18 hours ago
They sold 14,xxx last year. A real car company sells that many in 1 month. . Even if they made 500,000 cars a year, who is going to buy them?