Panasonic considers to cooperate with Tras again to build Super Battery Factory in China

(Original title: Panasonic considers manufacturing Tesla batteries in China or establishing super battery factories in China)


â–  Newspaper trainee reporter Chen Wei

As the largest battery supplier of Tesla and an important member of the first two super battery factories, Matsushita has said that it is considering re-cooperation with Tras and setting up a super battery plant in China.

According to sources, Matsushita President Kenichi Kazuhiro revealed a future battery production plan at the CES show, saying that it may manufacture batteries for Tesla in China.

According to him, since Tesla has planned to start local production of products in Shanghai, Panasonic is also considering promoting investment in Chinese factories. Although it has not yet finalized a detailed plan for the production of Tesla batteries in China, Panasonic is already Consider the possibility of the plan.

In response, industry insiders told the Securities Daily reporter that as of now, the cooperation between the two parties is mutually beneficial. China is currently the largest market for electric vehicles. For Panasonic and Tesla, building a factory in China can not only quickly occupy the market, but also copy the successful cooperation model to a new factory. This is a good choice.

Panasonic Promotes Investment in China

According to public information, Panasonic is currently the world's largest supplier of electric vehicle batteries. In the first half of 2017, Panasonic occupied 29% of the battery market for plug-in hybrid and electric vehicles, and its competitors LG Chemical and BYD. Ningde Times held 13%, 10% and 9% of the market share, respectively.

Since 2008, Panasonic has been Tesla's exclusive supplier of lithium battery technology. According to statistics, during the two years of 2013 and 2014, Panasonic provided Tesla with nearly 200 million lithium batteries.

At the same time, Panasonic is also an important partner of the Tesla Super Battery Factory. In January 2016, Panasonic and Tesla invested 5 billion U.S. dollars to build a super battery plant in Nevada, becoming the world's largest car battery factory, which has already been put into production.

According to a recent statement by Jinaichi, Matsushita is currently considering producing batteries for the future Chinese factory in Tras. The production volume is equivalent to that of its factory in Nevada.

Jinhe Yihong said that although the detailed plan for producing batteries in China has not yet been finalized, Panasonic is already considering the possibility of producing Tesla batteries in China.

The reporter noted that as early as last May, there was news that Panasonic would invest hundreds of millions of dollars to build a power battery plant in Jiangsu, China. The plant is located in Suzhou, Jiangsu, and the batteries produced are the same as those used by Tesla for the 18650 lithium ion battery. Panasonic will establish a joint venture with a Chinese partner.

Local production can be expected

In fact, in the past year, there have been many rumors that Tesla will build a factory in China to produce cars.

As early as last October, there were reports that Tesla had signed an agreement to build a factory in Shanghai Free Trade Zone. After the completion of the factory, Tesla would still need to pay a 25% import tax, but it would own the company. The full control of the company, and lower production and transportation costs are likely to offset the expenditures caused by the tariff.

At that time, Tesla told reporters that "To better serve the Chinese market, Tesla is discussing with the Shanghai Municipal Government the possibility of building a factory in the region."

In this regard, the automotive industry analyst Zhong Shi said in an interview with the "Securities Daily" reporter that building a factory in China is of great significance to Tesla. Although according to the news, Tesla still has to pay a 25% tariff, the overall cost will be calculated. Tesla's production of cars in China will significantly reduce logistics and spare parts costs and attract Chinese consumers at lower prices.

Cui Dongshu, secretary-general of the association, told the "Securities Daily" reporter that for Tesla, China's market potential has not been fully tapped. In particular, if its Model 3 models are made in China, they will be recognized by more and more consumers under the cost advantage and become an important opportunity for their second takeoff.

It is worth noting that, according to Tesla's recently released sales data, although its Model 3 models saw a sharp increase in production in the fourth quarter of last year, there is still a long way to go before the established targets.

At the same time, Tesla has announced that it has postponed the production plan of the "Model 3000 production weekly" model again. According to its latest forecast, before the end of the first quarter of this year, the company is expected to produce about 2,500 Model 3s per week. This figure has been halved compared to previous commitments.

In response, Jin Heyi said that due to Tesla's adjustment of its production target, Panasonic also postponed the scheduled date for on-board battery delivery. He said that although this will have an impact on performance, the financial report as of March 2018 will cover the downward adjustment of the performance and will ultimately have no major impact.

ZEC Miner

Reasons to mine Zcash

Zcash is easily traded for bitcoins (BTC),  so it can be a cheap way to slowly build up a holding position in Bitcoin.
Since BTC can easily be exchanged for cash, mining ZEC can be a good way to indirectly fill your bank account or earn cash. ZEC can also be sold directly on some major exchanges.
Mining can be a cheap entry ticket to the Zcash markets, which are loved by traders for their high volatility. If you`re a good and/or lucky trader, you can maximize your profits.</li>
Ever since ZEC hit the market, it`s been one of the highest-priced altcoins on the market, peaking at over $400 in June 2017.
Mining can be a great way to subsidize the purchase of a new high-end GPU (or two, or three-).
Finally, building a large ZEC position through mining now may allow you to take advantage of price appreciation in the future with less risk than you`d face by just buying ZEC.

Let`s break this last idea down a bit further.
Mining and holding crypto is similar to the old adage of buying low and selling high. However most buyers don`t know how to do technical analysis, so they buy and sell at the wrong times.
They buy high during parabolic price increases and sell low during what could be normal price corrections on continued upward trends
Buying gear and mining cryptocurrency with it allows you to own an income-producing asset in the gear itself, with aftermarket resale value holding up very well.
Allowing your gear to earn money and selling that gear when you reach your target can allow you to make nearly all your money back on the gear and pocket the crypto generated as profit.

Zec Miner,Z11 Miner Bitmain,Zcash Miner Z11,Z11 Miner Zec

Shenzhen YLHM Technology Co., Ltd. , https://www.asicminer-ylhm.com