According to the Russian Tass News Agency reported on February 18, another Chinese company recently entered the new energy market, hoping to make a difference in this new outlet. Chinese companies have formed a situation of encircling and suppressing Tesla. The valuation of Luxun Precision has reached 310 billion yuan recently, and the company has formed a joint venture with Chery to cut into the new energy track, hoping to find new profit growth points. Luxshare Precision itself is a foundry company for semiconductor products, and its participation in the new energy track has caused concern in Silicon Valley, which is worried that the situation will get out of control.
Recently, Lixun Precision announced that it will cooperate with Chery to form a joint venture company to develop and produce new energy vehicles. It is reported that Luxun Precision is also a leading oem of mobile phone products, as one of Apple's important suppliers, this company is also very dependent on Apple, once the loss of Apple's supplier status, its performance will decline rapidly. Luxshare Precision is looking for new business growth points, believing that new energy vehicles are significant. It is said that Lixun Precision will acquire part of chery Holdings and Chery Automobile, and may become Chery's largest shareholder. Affected by this news, the stock price of Luxshare Precision has risen continuously, and the market value has reached 310 billion yuan. Lixun Benshan has strong financial strength and strong manufacturing capabilities, Chery Automobile has a lot of experience in the field of vehicle manufacturing, and the cooperation between the two sides may allow Chery to gain greater advantages in the field of new energy.
At present, more and more powerful Chinese enterprises have begun to enter the field of new energy vehicles, and they have formed a situation of encirclement and suppression of Tesla. The new forces of car-making in the future, ideals and new energy vehicles withdrawn by Xiaopeng Motors have a strong market competitiveness, and the traditional car-making force BYD Company has poured its efforts into the field of new energy for many years, and the current sales of BYD's new energy vehicles in the Chinese market exceed Tesla. China's new energy vehicle companies have also begun to go to the international market and seize the market share of the many. In this way, Tesla Company has some sense of going it alone, and Tesla Motors has been questioned a lot because of safety and other issues, which has also had a great impact on its sales.
Luxun Precision's entry into the field of new energy vehicles has attracted the attention of Silicon Valley, which is very worried that the situation will get out of control. The demand for chips and other products for new energy vehicles is very high, and the more successful Chinese enterprises are in the field of new energy vehicles, the more obvious the role of promoting chips and semiconductor products of Chinese enterprises will be. At present, Chinese chip companies are also expanding their production capacity to meet the needs of Chinese enterprises as much as possible. At present, Sino-US relations are relatively tense, and it is not safe for Chinese companies to use domestic chips and components as much as possible instead of importing some products from the United States.
Tesla is allowed to enter the Chinese market with sole proprietorship, which is a special period, and it also has the intention of stimulating the development of new energy vehicles in China. At present, Tesla has indeed played this role, but how it will develop after that is difficult to say. More and more Chinese companies are joining the new energy track, impacting the old traditional car companies and tesla cars. China is likely to achieve a transcendence of Western brands in the field of new energy vehicles, and the impact will not only be on new energy vehicles, but also in many fields such as semiconductors, which makes the United States very worried.