Those who win the Chinese market will win the world, and this sentence applies to all foreign car brands. Tesla is no exception, and China is currently Tesla's largest market in the world, and sales in the Chinese market exceed those in the United States. Chinese-made Teslas are also exported to other markets around the world.
Therefore, if Tesla wants to continue to become bigger and stronger, it must not hesitate to rely on the Chinese market. Not only to produce in China, but also to achieve R&D in China.
Tesla is not hesitant to expand its business in China, and this year, it will build a dedicated design center in Beijing, China. Reuters confirmed that the Tesla Design Center was included in the 2022 Beijing project roadmap released by the Chinese government. At present, Tesla's only design center is located in Los Angeles, USA. If completed as scheduled, the Beijing Design Center would be the second after the United States. In the future, the Beijing center is expected to produce "Chinese-style electric vehicles" for the global market, CEO Elon Musk has previously mentioned.
Picture note: Tesla Shanghai Gigafactory
Meanwhile, Tesla is currently operating its third global electric vehicle factory, gigafactory, in Shanghai. Tesla's first factory is located in Nevada, and the second is located in New York. The Shanghai Gigafactory is the first Tesla factory to be built outside the United States. Tesla completed its research and development (R&D) center in Shanghai last October, spurring massive investment in China. In particular, Tesla has chosen two major cities in China, from Shanghai to Beijing. Tesla Gigafactory intends to leverage China's manufacturing capabilities, as well as the Chinese engineering capabilities of the new design center.
China is a very important strategic point for Tesla. First of all, China is the world's largest electric vehicle market, and the market size is very large. Last year, China accounted for more than half of global electric vehicle sales. Tesla is the market leader in Electric Vehicles in China. Tesla's electric car sales in China are also higher than in its home country, the United States. Of course, the Shanghai Gigafactory has played an important role in promoting such production.
Tesla is leading the Chinese electric car market, beating out local car brands. The inauguration of the Beijing Design Center gives us a glimpse into Tesla's goal of further consolidating its leadership position in China's mobile market. In the future, Tesla is very likely to launch a special pure electric vehicle in the Chinese market. It is not excluded that Tesla's price will further explore.