Whereas the brand new vegetation in Germany and in Texas are ramping-up manufacturing, Tesla is already contemplating the place to construct one other manufacturing web site.
In keeping with current media experiences, one of many subsequent gigafactories is perhaps in-built Asia and South Korea has a giant probability to draw the funding.
Tesla‘s CEO Elon Musk mentioned throughout a digital assembly with South Korean President Yoon Suk Yeol that he considers the nation as a high candidate for EV funding.
Nevertheless, the choice has not been made and any funding would require reviewing funding situations in different international locations, Musk added.
Let’s recall that within the Asia area alone, Tesla could be welcome additionally in Indonesia, India, and doubtless many different international locations. A brand new automotive plant normally interprets into a number of billion {dollars} of funding and 1000’s of recent jobs.
Tesla Giga Shanghai in China is at present the world’s largest electrical automobile manufacturing unit with an output that may exceed 1 million models yearly. It’s an open question whether such capacity is currently enough for Asia (finish export to another markets, together with Europe), or if one other plant could be wanted to help enlargement.
In keeping with Reuters, Yoon’s workplace talked about additionally that Tesla may step up cooperation with South Korea on provide chains.
The corporate is already carefully working with LG Power Answer, which provides 2170-type cylindrical lithium-ion cells for Tesla and is engaged in the development of the 4680-type cylindrical format, which initially will be produced in South Korea.
In keeping with the article, in 2023 alone, Tesla expects to purchase parts price greater than $10 billion.
Tesla can also be open to actively investing in charging infrastructure in South Korea, however we do not but know what it actually means – the state of affairs within the nation is just like the US. Tesla makes use of its personal charging normal, whereas Hyundai Motor Group and different producers are utilizing CCS1.
Asia will not be the one space the place Tesla may construct a brand new gigafactory. Earlier this yr we heard a report about Canada and talks with Ontario government.
