According to a report on the environmental information disclosure platform of Shanghai enterprises and institutions, Tesla plans to spend 42 million yuan (equivalent to 6.4 million US dollars) to build a new plant in Shanghai to produce charging piles. The construction of the plant is scheduled to be completed in February 2021 and the annual output is expected. There are 10,000 charging piles.
The rapidly expanding Tesla is undoubtedly making multiple arrangements in terms of supporting services for new energy vehicles. In terms of software, Tesla’s autopilot technology is rapidly iterating, and it has established a software profit model for initial car companies. In terms of hardware, Tesla recently opened the world’s largest super charging station in California, USA. Tesla China also stated that it is expected to build nearly 650 super charging stations and more than 2,000 destination charging stations by the end of 2020. More than 250 cities.
In addition, Shanghai Securities analyst Sun Keyao reminded that the results of the U.S. election are gradually becoming clear, and the certainty of visiting the White House will increase. Biden and Obama attached great importance to energy conservation and emission reduction when they were working together, and formulated the most stringent motor vehicle energy consumption standard (CAFE) in American history. During this campaign, Biden promulgated the “Clean Energy Revolution and Environmental Plan”, which aims to promote a green and low-carbon economy. The main measures include spending 500 billion US dollars a year to promote clean energy and zero-emission vehicles, and 500,000 new charging stations before 2030. Pile, full restoration of new energy tax reduction and exemption policies, etc.
Coincidentally, recently, the National Energy Administration issued “Answer to Recommendation No. 9637 of the Third Session of the Thirteenth National People’s Congress.” In this reply letter on the proposal to accelerate the development of integrated energy services, it is stated that the National Energy Administration will further support the planning, construction, promotion and application of new energy vehicle charging infrastructure and energy storage.
In October, State Grid Chairman Mao Weiming also stated that State Grid will focus on UHV, charging piles, digital new infrastructure and other fields. It is expected that during the 14th Five-Year Plan period, investment in power grids and related industries will exceed 6 trillion yuan. On November 22, State Grid Electric Vehicle Company, a subsidiary of State Grid, announced that its smart car networking platform has been connected to more than 1.03 million charging piles, which has become the world’s widest coverage, largest number, and strongest service capacity charging pile network.
At home and abroad, Sun Keyao said that my country’s battery and battery material companies that have entered the global supply chain are expected to significantly benefit from the dividends of accelerated global electrification.
In terms of funding, driven by the sharp rise of US stocks of new energy vehicle companies, the A-share industry chain segments related to new energy vehicles, lithium batteries, and charging piles rose sharply yesterday. For the charging pile segment, Su Chen, an analyst at Zhongtai Securities, pointed out that the construction of charging piles lags behind the expansion of electric vehicle ownership. At present, the global automotive electrification trend is clear. Domestic electric vehicle ownership is accelerating expansion, while the current charging pile construction is still relatively lagging, and there is room for future industry construction. Still vast.
Sorting out the core concept targets of charging piles include stocks such as Auto Motion, Terad, and Incore. In addition, Wuyang Parking recently stated on the interactive e-commerce platform that its subsidiary Changan Parking has signed a charging pile business cooperation agreement with Tesla. The content includes the provision of special parking spaces for charging by Changan Parking and charging equipment for Tesla.