Major global automakers are changing the geography of production: new factories are appearing where costs are lower and growth prospects are higher. The world of engineering is moving towards new centers of power, and Kazakhstan is not standing aside.
TESLA EXPANDS PRODUCTION IN CHINA
Tesla continues to diversify its production capacity and strengthen its presence in key foreign markets. In February, the American company launched its first Megapack energy storage system factory in Shanghai. The production site can produce up to 10,000 units per year, and the investment in the project amounts to more than $500 million. The site complements the existing Gigafactory Shanghai. Last year, the factory produced about one million electric vehicles, including the Model 3 and Model Y. According to the China Association of Automobile Manufacturers, almost 40% of them were exported to Europe, Asia, and Australia.
JCB MOVES ENGINEERING CENTER TO INDIA
JCB, one of the UK's largest construction equipment manufacturers, has moved most of its engineering operations to India. Three-quarters of components are now manufactured and assembled in Pune, where approximately 6,000 employees work.
The company also has over 60 dealerships and 700 service centers in the country. JCB sees potential in India due to its developed engineering base, growing domestic demand for construction equipment, and favorable geographical location for exports. In particular, to the markets of Asia, Africa, and the Middle East.
BYD TO TRIPLE ITS DEALER NETWORK IN SOUTH AFRICA BY 2026
Leading Chinese automaker BYD plans to triple its dealer network in South Africa by 2026. The company also intends to invest in the development of infrastructure for electric vehicles. By the end of next year, BYD plans to install about 300 charging stations across the country. Some of them will support ultra-high power – up to 1 MW, which will allow cars to be charged in a matter of minutes. BYD considers South Africa to be one of its strategic directions. The electric vehicle market in the country is still underdeveloped, which means low competition for the company. In addition, the car loan system is well established here, creating favorable conditions for the growth of electric car sales.
Sourse: 24.kz