Tesla stated repeatedly to design research centres and production plants in China. After Tesla’s gigafactory and research centre in Shanghai, which accounts for the vast majority of the brand’s car production, the new Tesla research centre is about to be set up in Beijing. The future Tesla R&D design will be in a north-south layout.
Beijing government to support Tesla
Beijing government will push for the start of the building of the Tesla design centre project, according to a list of Beijing government goals for 2022 posted on the city government website on February 11. In addition, last year Tesla has issued various job positions on its official WeChat account, recruiting nearly 100 R&D design positions, including chief designer.
China-designed Tesla on the road
Grace Tao, Tesla’s worldwide vice president, previously stated: “Hopefully, in the near future, not only will China-made Tesla models allow for nearly 100 percent of parts to come from local sources, but perhaps we can also see Tesla models designed and manufactured entirely independently by Chinese teams driving on Chinese roads,” , Tesla only sells four main models in mainland China, namely Model S, Model X, Model 3 and Model Y.
To penetrate the mainland market, Tesla has said that it will design, develop and produce new models and energy products with Chinese cultural elements in mainland China, and export them to the world.
However, Tesla CEO Elon Musk indicated on a conference call last month following the release of fourth-quarter earnings that the firm is not moving forward with the development of a $25,000 electric vehicle at this time, and that the company will not debut a new model Until 2022. This hint that it will take at least one to two years for the “Chinese style” Tesla to appear in front of the world and really bring it to the market. But Tesla’s fans still can look forward to its new colorways.
Outside of the United States, China is the electric vehicle maker’s largest market, accounting for 25.7 percent of its $53.823 billion in revenue in 2021. Despite the fact that the United States is Tesla’s largest market, with $23.97 billion in revenue in 2021, Tesla’s revenue in China increased by 107.8% year over year to $13.84 billion in 2021.