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TechnologyTesla reportedly eyes Germany for new factory

23:41  26 august  2019
23:41  26 august  2019 Source:   cnet.com

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Tesla , which is currently in the process of setting up its Chinese manufacturing footprint, is reportedly looking at northwest Germany for a new European factory . Tesla is one of a few automakers that stand to lose the most, especially since the majority of new Teslas are assembled in California.

Tesla Motors gearing up Production for the Model 3 Tesla Invested 6 Million into the Gigafactory for Model 3 battery cell production. Apple execs reportedly visited BMW's production line in Germany to study the i3 electric car. Is this meeting about CarPlay or Apple's own vehicle?

Tesla , which is currently in the process of setting up its Chinese manufacturing footprint, is reportedly looking at northwest Germany for a new European factory.

Tesla reportedly eyes Germany for new factory© Provided by CBS Interactive Inc. Germany may be home to a Tesla Gigafactory in the future. Elon Musk via Twitter

The news comes from the Rheinische Post, a local German newspaper that cited people close to the decision, as noted by Reuters on Sunday. Tesla could not be immediately reached for comment on the report. As for how far along things are, the paper said first inspections of a possible location have already taken place.

Twice, Tesla CEO Elon Musk has said Germany makes the most sense for a Gigafactory. This past April he noted the company was "considering" a factory in the country, and last year, he said the German and French border was a top choice.

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Tesla Motors (NASDAQ:TSLA) is in talks with the German government on building a battery manufacturing facility in the nation He also noted that Tesla is expected to ask for public funds. Germany has been a low-volume market for Tesla which faces fresh competition from the BMW i3.

Tesla is reportedly building its Model 3 and Model Y vehicles on site and aims to begin production in 2021. In November 2019, the U.S. carmaker announced plans to build a giant factory in Gruenheide, BB Germany seems to be a logical choice for Tesla ’s European Gigafactory as the country is the

Last October, Tesla secured a site for its Chinese Gigafactory near Shanghai. Since then, news broke this week that LG Chem will supply battery cells in high enough volume to meet the Chinese Gigafactory's output.

News of the LG Chem supplier relationship also comes as China plans to restart tariffs on US car imports to the country. US-made cars will cost at least 25% more with the added tariffs. Tesla is one of a few automakers that stand to lose the most, especially since the majority of new Teslas are assembled in California.

Tesla reportedly eyes Germany for new factory© CNET

Both China and the European Union are likely on Tesla's radar, since both stand to pass increasingly strict emissions regulations. Electric car adoption is likely to occur quicker in both areas than it is in North America.

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Tesla CEO Elon Musk has blamed Brexit as the reason why the firm chose Germany — not Britain — as the country to launch its new Gigafactory. Elon Musk blames Brexit for decision to build new Tesla factory in Germany instead of UK. Published Wed, Nov 13 20198:22 AM ESTUpdated Wed

After confirming Gigafactory 3 in China, Tesla is reportedly in talks with local governments in Germany and the Netherlands to secure a location for ‘Gigafactory 4’ to produce batteries and electric vehicles in Europe.

Inside the Gigafactory

Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory
Tesla reportedly eyes Germany for new factory© Provided by CBS Interactive Inc.
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China gives Tesla green light for production .
Now, it's a matter of when manufacturing will start in the country.Reuters first reported on the news after viewing a copy of list the Chinese industry ministry produced. The granting gives Tesla the certification needed to start local production, though it's not clear when that will begin. Tesla did not immediately respond to a request for comment.

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