Tesla Vice President Tao Lin: The localization rate of the Shanghai Gigafactory has exceeded 95%

On November 7th, according to a report from China News Agency, at the 5th China International Import Expo, Tao Lin, vice president of Tesla, said that the localization rate of the industrial chain of Tesla's Shanghai Gigafactory has exceeded 95%. 99.99% are Chinese.

"We will still insist on being based in China." Tao Lin said that in the future, Tesla will help more Chinese supplier partners to establish competitive advantages in various fields, and continue to climb to the high end of the value chain to further enhance the global presence of "Made in China". Market influence and voice.

The 5th China International Import Expo (CIIE) will be held in Shanghai from November 5-10, 2022. At this CIIE, Tesla made its debut in China with its new Model S Plaid, Model X Plaid and Tesla humanoid robot.

According to a previous report by IT House, Tesla’s FORM 10-Q filing with the U.S. Securities and Exchange Commission (SEC) shows that in the third quarter of this year, Tesla’s revenue in the Chinese market was $5.131 billion (about $373.02 billion). 100 million yuan), a year-on-year increase of 64.8%.