Tesla Union and CITIC Heavy Industries establish a joint venture to promote the fission of technology and new energy

Recently, Tesla has reached strategic cooperation with CITIC Heavy Industry Machinery Co., Ltd

Recently, Tesla has reached strategic cooperation with CITIC Heavy Industry Machinery Co., Ltd. (securities code: 601608), CITIC Daika Co., Ltd., and China Securities Huijin (Zhuhai) Private Equity Fund Management Co., Ltd. to establish a new energy joint venture.Both sides will leverage their own advantages to promote the integration of technology and new energy practices, and promote technology+New energy fissionTo become a new practice of digital and intelligent layout and strong alliance in the domestic new energy field.Yuan Guangshou, General Manager of CITIC Heavy Industry Energy Supply Company, and Wang Lei, Senior Vice President of Tesla United, represented both parties to complete the signing of the contractWuhan Qi, Secretary of the Party Committee and Chairman of CITIC Heavy Industry Machinery Co., Ltd., and Founder and Chairman of Tesla UnionCEO Ai YuWitness the signing on site.

The newly established joint venture will carry out businesses in new energy fields including wind power, photovoltaic, energy storage, hydrogen energy, Smart grid, source grid load storage, etc. The development of AIGC and big models has provided a new path for the future development of global enterprises, and the integration with vertical industries represented by new energy and manufacturing will become an important direction for future development. Both parties will utilize their expertise in their respective fields to explore new possibilities in the intelligent and digital aspects of new energy, and form an intelligent integration solution in the direction of new energy.

Wuhan Qi, Chairman of CITIC Heavy Industry, pointed out thatTo promote heavy equipment enterprises to accelerate the integration of information technology and manufacturing application scenarios, fully utilize the empowering and intelligent role of new technologies, and become a new path for the transformation and upgrading of the heavy equipment manufacturing industry. The signing of this strategic cooperation will further carry out the construction of pilot projects or demonstration projects, cultivate Digital transformation pilot enterprises, create heavy equipment intelligent manufacturing demonstration projects, high-end equipment full life cycle service platform, and form a new digital industry format of equipment manufacturing industry.

Founder of Tesla Union andCEOAi Yu believes thatPromoting the optimization and adjustment of energy structure is an important path to help achieve the "dual carbon" goal. By the establishment of a joint venture company,Tesla United hopes to play a role in AIoTAt the technical level, we will promote the efficient application of digital and intelligent solutions in the energy field, work together with CITIC Heavy Industry to accelerate the transformation of the energy system, promote the efficient, intelligent, and green transformation and upgrading of the equipment manufacturing industry, create an open and collaborative innovative intelligent manufacturing system, accelerate the transformation of digital technology results, and strive to improve China's new energy and equipment manufacturing intelligence level and international competitiveness.

Founder of Tesla Union andCEO Ai Yu9

CITIC Heavy Industry (formerly Luoyang Mining Machinery Factory) is a key construction project during China's "First Five Year Plan" period. On January 8, 1954, with the official approval of the National Planning Commission, it was decided to build China's first modern mining machinery factory in Luoyang, becoming one of the 156 key projects built during China's first five-year plan period.

It is reported that since the proposal of the "3060 target", carbon neutrality has become a core task facing the current industry, bringing a huge market and giving birth to many segmented fields. According to relevant data statistics, the cumulative investment in the "dual carbon" long slope track will exceed 100 trillion yuan, and the industrial chain is quite long. Among them, technology enterprises can be roughly divided into two categories: one type runs upstream and develops new energy products through new materials and technologies, such as photovoltaic raw materials from polycrystalline silicon, monocrystalline silicon, granular silicon, and perovskite; The other type runs through the downstream and develops digital and intelligent solutions for smart energy. Currently, Virtual power plant, which are of great concern, also belong to the second type.

Undoubtedly, Tesla United is targeting the second direction. Tesla Union's strategic focus in the field of new energy is on pan park smart energy, focusing on the distribution side and user side needs - improving the overall efficiency of the scenario through intelligent means and establishing a complete operational model.

With new energy becoming an important direction for future energy development, the support of AI technology can improve the utilization efficiency, reliability, safety, and economy of new energy. The application of artificial intelligence technology provides a new path for the development of the new energy field. In addition, Tesla has developed multimodal large models and related training technologies for AIoT scenarios, and has applied these technologies to AICITY and AIPARK with the goal of developing urban intelligence.

While achieving fruitful results, Tesla Union's innovative breakthroughs have also been recognized and supported by ecological partners from various sectors such as government, industry, and academia. In 2021, Tesla Union reached deep cooperation with the National Energy Conservation Center and the Energy Research Institute of the National Development and Reform Commission to create regional and national industry benchmarks in the field of "dual carbon". Meanwhile, as a core member of the industry, Tesla Union has joined the "Carbon Peak and Carbon Neutrality Expert Group" to contribute to the industry through technological innovation, industry empowerment, financial services, and other forms.

Taking the establishment of this joint venture as an opportunity, Tesla Union will also explore the potential of AIoT technology through intelligent energy storage, new energy, charging facilities, and energy-saving methods, providing strong support for accelerating the construction of a clean, low-carbon, safe, and efficient new energy system, opening up a new paradigm for the implementation of new energy, and meeting the inherent requirements of high-quality economic and social development.

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