Guangzhou, the metropolis on the Pearl River Delta with a population of 14 million, is also known as the world's factory! A name to remember - because it will play a big role in the future of mobility. NEVS main shareholder Xu Jiayin pulled out the big checkbook in the city on June 12th, and it is gradually becoming clear in which league NEVS and the Evergrande Group intend to operate.
Because it seems pretty high up. We experience first-hand how much energy investors from China use to buy a group together. With spectacular takeovers and entrances, Xu Jiayin is building a global empire of mobility at a breathtaking pace in the shortest possible time. You have to look closely so as not to lose sight of the details. The latest development of June 12: In Nansha, a district of Guangzhou, buildings for research and development and three factories for one million electric cars annually. Jiayin is also building a mega-battery factory on site with an annual capacity of 50 GWh. It fits that the Evergrande Group has its own battery technology and production with CENAT.
The new super battery factory in Guangzhou will be about half the size of Tesla's Gigafactory 1. Their capacity is estimated at least twice that. But Evergrande celebrates with the recent investments a huge start worth a little more than 20 billion €.
Mobility Hotspot Guangzhou
The Guangzhou site is carefully chosen by Evergrande. The metropolis is a focal point of the automotive industry in China. With Honda, Nissan and Toyota are the representatives of the "old" industry resident. Countless smaller suppliers and international suppliers produce components for almost all brands around the world. And the region is also a hotspot for electromobility.
GAC produces the subbrand on site NIO, Of course, the numbers are still low, in May were only 1.089 NIO ES8 delivered, But among the 486 startups looking to build electric cars in China, NIO is one of the few brands that could be successful internationally. GAC sees the ES8 as a direct competitor to the Audi Q8 e-tron. Cheaper, faster, a little lighter, with a pleasing, progressive design and surprisingly innovative technology. The NIO has a unique feature of a removable battery, which can be exchanged in just 5 minutes. For the moment, because GAC promises that the battery replacement will go even faster in the future. Of course, like any other electric car, the ES8 can tap its power at the fast charging station. The SUV is already driving autonomous according to Level2, the NIO's own OS is being developed in China and the United States.
Group construction with the goodwill of Beijing
With Pony.ai Another internationally acclaimed startup has settled in Guangzhou. The company is a pioneer of autonomous driving and cooperates with many manufacturers. In this environment, with short distances, rapid growth and innumerable innovations, the Evergrande Group expects to find the optimal basis for their ambitious plans. The announcementTo build one million electric cars a year in 3 years is quite serious.
Of course, the ambitious plans can not be realized without the expressed benevolence of the Beijing administration. Xi Jiayin is rightly said to have connections to the top ranks of the party and the state leadership. Critical comments in the local media, which could be read at the start with battery manufacturer CENAT, have since fallen silent.
Strategic venue Trollhättan
Trollhättan is a strategic outpost in this big-money game, and more than that. Nestled in a politically stable European Union country, NEVS AB guarantees free access to one of the largest domestic markets in the world. The former Saab factory in the Stallbacka is to be upgraded to an annual capacity of 200.000 units. From the year 2020 finally electric cars from Sono Motors and hybrid sports cars from Koenigsegg will be built in the factory.
But that's just the beginning. NEVS and the Evergrande Group are still missing their own product, which would be internationally competitive. The 9-3 EV, whose production will be delayed to next year, would only have outsider opportunities in European markets. In the medium term, however, Trollhättan could play a similar role in the Group as Göteborg for the Geely Group. Design and development for high quality electric cars could come from Sweden, maybe their production. The large quantities then produced the plant in Guangzhou.