The Shanghai base of the Ningde era, near Tesla, has begun to supply

Songguo Finance was informed that according to the Securities Times, recently, the reporter visited the Ningde Times (300750) Shanghai Battery Module Base, which is only 3 kilometers away from Tesla's Shanghai Gigafactory and has begun production. The binding between power battery manufacturers and vehicle companies also reflects the game of discourse power between the two sides. On the one hand, the surge in downstream demand is transmitted upwards, and power battery companies must choose to expand production in order to seize more market share, on the other hand, expansion also helps vehicle companies to lock production capacity. In addition, in order to gain a greater voice in the field of power batteries, power battery manufacturers and car companies have also opened a mode of joint ventures and equity investment to ensure production capacity.