Home » GEÓ Latest Geopolitical News » COMMERCE: Tesla names Berlin as first site for Euro Gigafactory.

COMMERCE: Tesla names Berlin as first site for Euro Gigafactory.

Geopolitical News

COMMERCE: Tesla names Berlin as first site for its European Gigafactory.

The colourful ceo of electric vehicle firm Tesla, Elon Musk, has announced that they have chosen Berlin as the site for their first European factory as part of the carmaker’s European expansion plans
adding that they will also be building an engineering and design centre in the German capital, making the announcement at a business awards ceremony in Germany yesterday [Tuesday, 12 November 2019]

“Everyone knows that German engineering is outstanding and that’s part of the reason we are locating our Gigafactory Europe in Germany”

Mr Musk said the facility would be located near the new Berlin airport and later turning to twitter to give further details on the factory´s planned production.

The focus on Europe comes amid rising appetite for electric cars in Europe with the biggest electric car production plants will be in Germany, France, Spain and Italy predicted by industry analysts over the coming years with some 16 large-scale lithium-ion battery cell plants are confirmed or due
to begin operations in Europe by 2023.

The moves come as the firm, which has also invested heavily in a Chinese factory, faces intensifying competition in the electric vehicle industry with plans to move ahead with a  €1.86bn [$2bn] factory in Shanghai. The firm is planning to increase production in China as the world’s biggest car market, where sales have been hurt by tariffs triggered by the US-China trade war.


  • GEÓ NewsTeam

    Broadcasting Daily from Gibraltar Newsroom our dedicated desk editors and newsdesk team of Professional Journalists and Staff Writers work hand in hand with our established network of highly respected Correspondents & regional/sector specialist Analysts strategically located around the Globe (HUMINT) Our individual Desk Editors all have specific subject authority as Journalists, Researchers and Analysts covering AI, Autonomous Transport, Banking & Finance Technology, Cybersecurity, GeoCrime, Defence 3.0, Energy & Renewables, BioEconomy and Transport & Logistics. Contact the NewsTeam at [email protected]

    View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *