Tesla plans to produce 500,000 vehicles a year in China
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Tesla plans to produce 500,000 vehicles a year in China
- While its sales in China exceeded 9,000 units in 2016, 10,000 units in 2017, and will exceed 12,000 units in 2018, Tesla has reached a preliminary agreement to build an assembly plant in China, at Shanghai, which will be able to manufacture up to 500,000 electric vehicles per year. The plant is expected to be located in the Lingang Industrial and Commercial Zone, southeast of Shanghai.
- The city authorities have assured that they will give their full support to the American manufacturer of electric vehicles ‘project (which also includes an R & D center ) as it fits perfectly in the strategy of the Chinese government to quickly and strongly electrify the Chinese car fleet.
- A spokesman for Tesla said the new location in China would not affect the company's business in the United States, nor the production in Fremont, which will continue to grow, due to growing demand for electric cars in North America and Europe, especially since Tesla has added this year a third car to its catalog (Model 3) which should sell more than previous models because of a more moderate price.
- The models made in China will be exclusively for the Chinese market. The construction of the Chinese plant will begin in the second half of 2018.The start of production is not expected to start until 2020.
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Plug-In Electric and Hybrid Vehicle Sales Accelerate Worldwide
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Plug-In Electric and Hybrid Vehicle Sales Accelerate Worldwide
- While the share of diesel decreases significantly in European countries (38% in the first half of 2018), and a study predicts that it could fall to 25% in 2020 and 5% in 2030, the share of electric engine cars (electric cars and plug-in hybrids) is accelerating in Europe, the United States, China, Japan and other parts of the world.
- The figures calculated by Inovev show that sales of electric cars (BEV) and rechargeable hybrids (PHEV) have increased worldwide by 66% in the first half of 2018 compared to the first half of 2017, after having increased by 46% on the first semester 2017 compared to the first half of 2016.
- By region, there is a growth of 108% in China, with a total of 372,782 units in the first half of 2018, which augurs a volume of one million units throughout the year. Recall that the quotas imposed by the Chinese government aim to achieve a Chinese market of more than two million electric cars in 2019. With growth comparable to that of 2018, this scenario becomes possible.
- European sales of electric cars and plug-in hybrids increase by 32%, with 175,554 units, the USA sales increase by 37%, to 120,786 units and Japan sales increase by 77%, to 30,684 units. Sales in the rest of the world are estimated at 50,000 units (+ 56%).
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UK automotive industry begins to cut its manufacturing program
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UK automotive industry begins to cut its manufacturing program
- Since the British voted for Britain's exit from the European Union (Brexit), automotive manufacturers in the country have begun to reduce the number of their models in production. Others threaten to leave Britain to produce in other countries. Let's take stock of the current situation:
1. Toyota has stopped the production of Avensis, its production program focusing on Auris.
2. Honda ended the manufacture of the CRV, its production program focusing on the Civic.
3. Jaguar has relocated the production of E-Pace and I-Pace to Austria .
4. Land Rover will relocate the production of Discovery to Slovakia next year.
5. BMW announced that it could transfer the production of Mini to the Netherlands .
6. The PSA group casts doubt on the future of the Ellesmere Port plant, which could well close at the time of the launch of the future Opel Astra whose production would be concentrated in Gliwice (Poland).
- Brexit is expected to take effect in March 2019. Even if all production transfer decisions are not direct consequences of Brexit, if there is no agreement between Great Britain and the Union by then OEMs might be tempted to leave Great Britain. This would be very problematic, however, for Nissan and Jaguar Land Rover, which lack production capacity on the European continent.
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Renault will increase the production capacity of the Zoé
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Renault will increase the production capacity of the Zoé
- Renault is preparing to increase the production of Zoe at its plant in Flins (France). They will take advantage of the summer holidays to prepare this capacity increase.
- Over the first six months of 2018, Renault Zoe's production volume reached 22,442 units, compared to 16,488 units in the first six months of 2017, an increase of 36%.
- This increase is due in particular to the launch of the new, more powerful version of the Zoé, with greater autonomy.
- The production volume of the Zoé should therefore reach 45,000 units throughout the year 2018, against 30,000 in 2017, 25,000 in 2016 and 20,000 in 2015.
- By 2019, the production volume of the Zoe should exceed 60,000 units, especially as a new version of the electric city car will make its appearance at the 2019 Geneva Motor Show.
- Since its launch in 2012, nearly 120,000 Zoé have been sold in Europe, half of them in France.
- The launch of the Zoe has however been much slower than expected, since Renault had forecast a production of 150,000 units per year before 2020. Notwithstanding, it will probably reach this goal around 2025.
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Hyundai-Kia is interested in FCA
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Hyundai-Kia is interested in FCA
- Persistent rumors indicate the interest of the Hyundai-Kia Group in the Fiat-Chrysler Group. The Korean manufacturer was apparently waiting for the departure of Sergio Marchionne in 2019 to launch an offer to buy the Italian-American manufacturer. Inovev reveals what these two manufacturers would gain from merging their operations.
- The Hyundai-Kia group, deprived of external growth to this day, is having some difficulties remaining in the leading pack of manufacturers (Volkswagen, Renault-Nissan, Toyota, GM), its sales volume having dropped from 8, 02 million units in 2015 to 7.26 million units in 2017. The FCA group has stagnated for several years (4.74 million units in 2017). Together, the two groups would become the world's largest manufacturer, with a total of 12 million vehicles per year.
- Geographically: The Hyundai-Kia group sells mainly in North America, Korea, China, Europe and India. The FCA Group sells mainly in North America, Europe and South America. There is some complementarity at the geographical level. The new group would become number 1 in North America and number 2 in Europe.
- In terms of model ranges: the Hyundai-Kia group does not have a pick-up, unlike the FCA group. The FCA group has strong or premium brands, such as Jeep, Dodge-Ram, Alfa-Romeo or Maserati, while the Hyundai-Kia group has only two general brands and a marginal premium brand (Genesis).
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