70% of Key Enterprises Have Resumed the Production in Shanghai from COVID

Published: Apr 22, 2022 11:01

Save

SAIC, Tesla and other finished vehicle enterprises have achieved finished vehicles off the production line, and related supporting enterprises like car parts manufacturers have also resumed work one after another.

SHANGHAI, Apr 22 - Shanghai held a press conference on the prevention and control of the pandemic at 10:00 a.m. local time on April 22. Zhang Wei, vice mayor of Shanghai, said that after weeks of efforts, 70% of the first batch of 666 key enterprises, included in the Guidelines for the Prevention and Control of COVID-19 Pandemic for Industrial Enterprises Resuming Work and Production in Shanghai, have successfully resumed work and production, and the capacity utilisation rate of enterprises is also increasing. SAIC, Tesla and other finished vehicle enterprises have achieved finished vehicles off the production line, and related supporting enterprises like car parts manufacturers have also resumed work one after another. The capacity utilisation rate of integrated circuits and top-tier chemical enterprises is also maintained at a high level.

Market

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

Guozong Zhongsheng's 200 MW ESS Project Kicks Off in Jinchang with 780 Mln Yuan Investment

On March 8, the Guozong Zhongsheng 200 MW/800 MWh grid-side standalone ESS project officially broke ground at the Xipo PV Industrial Park in Jinchang City’s Jinchuan District. With a total investment of approximately 780 million yuan, the project will adopt the currently mature LFP electrochemical energy storage technology, and will mainly build 40 sets of 5 MW/20 MWh energy storage units, along with supporting auxiliary works such as one 330 kV step-up substation and eight 35 kV collector lines.

11 hours ago

First Grid-Forming ESS Project in Northern Hebei Goes Online

Recently, the first grid-forming ESS project in the northern Hebei power grid—the Beijing Hengyuan Zhangbei County 300 MW/600 MWh standalone ESS power station—was officially connected to the grid and began generating electricity. The grid-forming ESS capacity is 50 MW/100 MWh, using Sungrow’s grid-forming technology, adding an adjustable “dam” to conventional new energy plants to make the “green electricity river” more controllable and stable. This strongly enhances the reliability of power supply in the Beijing-Tianjin-Hebei region and sets a new milestone for high-quality transmission of new energy.

11 hours ago

Amidst Middle East Conflicts: What is the Path Forward for China's Energy Storage Exports?

Recent Middle East conflicts have disrupted the region's booming energy storage market, a major destination for Chinese exports. To assess the real impact on Chinese supply chains and project deliveries, we must analyze baseline demand amidst these geopolitical uncertainties.

11 hours ago