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Tesla Is Coming, Is The Aluminum Company Ready?
Nov 09, 2018

"Tesla's construction of a factory in China" has been highly concerned by the automotive industry since the beginning of the previous year. Recently, it has been heated up, and the voice of doubt and affirmation continues. On May 10th, the rumored global electric car brand Tesla's localization news was finally settled. According to the National Enterprise Credit Information Publicity System, Tesla (Shanghai) Co., Ltd. was established on May 10 and obtained the business license issued by Shanghai Pudong New Area Market Supervision Bureau with a term of 30 years and a registered capital of 100 million yuan.


In addition, foreign media reported that Tesla and Space X (American Space Exploration Technology) will share a material department head, aiming to build a materials engineering team, focusing on research and development of advanced materials. The news also said that from the Tesla Model S and Model X, a large amount of aluminum can be seen, aluminum alloy materials will be widely used in the products of the two companies.


Regardless of the specific purpose and doubts of Tesla's establishment in China, this is absolutely a very important thing. It will become the first wholly-owned overseas auto company in China. With China's huge supply market, Tes The production cost of pulling will also be greatly reduced. As we all know, Tesla has always been fond of the application of aluminum, not only because of the urgent need for new energy vehicles for light weight, but also for the long-term intention of enterprises to apply new materials. Therefore, the author believes that Tesla's localization may provide a visible market development space for China's aluminum materials, and even accelerate the development of new energy vehicles and technological materials innovation in China. China's aluminum enterprises should seize the opportunity and common Promote the breakthrough application of aluminum alloy materials in China in the field of new energy vehicles.


China has a huge automobile consumer market with huge potential and huge capacity. According to relevant statistics, in 2017, the global sales of new energy vehicles exceeded 1.42 million units, and the cumulative sales exceeded 3.4 million units. As of the end of 2017, the cumulative sales of new energy vehicles in China reached 1.8 million units, exceeding 50% of the global cumulative sales. Whether it is sales, growth or global market share, it is the world's number one. It is estimated that the production and sales volume of new energy vehicles in China will exceed 1 million in 2018, and will reach 2 million in 2020. By 2030, the annual sales volume of new energy passenger vehicles in China will exceed 13 million.


It is foreseeable that China's huge market capacity and demand in the future will provide unlimited business opportunities for new energy vehicles. And extending to aluminum, the large demand for new energy vehicles is thrown to the aluminum industry a huge olive branch and opportunity period.


So why is aluminum favored by Tesla?


The most prominent advantage of aluminum in automotive manufacturing lies in lightweight and recyclable, which is also a problem that major auto companies have been trying to solve in recent years. If aluminum alloy materials are widely used in the automotive industry, they will bring huge economic benefits in terms of automobile manufacturing, automobile operation and recycling of used automobiles.


According to relevant information, for every 100 kilograms of weight lost in a car, it can save 175 liters of gasoline per year, and it can also greatly reduce carbon emissions. The Alcoa Association has also pointed out that if the car weight is reduced by 25%, it will reduce the car's acceleration to 60 miles from the original 10 seconds to 6 seconds, while reducing the weight, it can also make the car more stable, passenger space Increase to achieve more comfort and safety. This is especially true for electric vehicles. In addition to the above advantages, weight reduction will provide more mileage for the car and provide more space for the battery.


Judging from the current domestic electric vehicle market, only the BYD family can be counted by its own name. If BYD and Tesla are compared, there is still a certain gap in technology research and development and material application, especially in the use of new materials and aluminum alloy materials, Tesla is superior.


Although Tesla's entry will inevitably bring obvious pressure and competition to China's auto industry, it must be said that Tesla's high-end manufacturing process, advanced technology and material application and marketization will be new for China. The development of the energy automotive industry has filled the shortcomings.


From the perspective of China's aluminum industry, China's aluminum production ranks first in the world, and the level of aluminum industry is already in the world's leading position. Many breakthroughs have been made in the field of aluminum processing materials, even in some automotive parts, aluminum and automotive aluminum. The scale has been industrialized. Aluminum companies represented by China Aluminum, China Zhongwang, and Yutong Group have completed the application and promotion of all-aluminum vehicles, and have won unanimous praise from downstream auto companies and users.


Therefore, the author believes that with the entry of Tesla, aluminum companies should open their arms and try to cooperate with them to form a joint force to jointly promote the application of aluminum in the field of new energy vehicles and open up a new and larger application market for the aluminum industry.