Strategy – Page 10318 – I wish I had more to offer

ZF and Danfoss ink strategic partnership for R&D and power modules

Harald Deiss, Head of ZF Business Unit Electronic Systems; Jorg Grotendorst, Head of ZF Division E-Mobility; Kim Fausing, CEO, Danfoss Group; and Claus A. Petersen, Head of Danfoss Silicon Power. ZF Friedrichshafen and Danfoss Silicon Power, a subsidiary of the Danfoss Group, the largest industrial company in Denmark, have stepped up their existing cooperation with… Continue reading ZF and Danfoss ink strategic partnership for R&D and power modules

Daimler CEO Faces Showdown With Investors Amid Industry Shift

Daimler AG’s new Chief Executive Officer Ola Kallenius is under pressure to map out a strategy to revive flagging profits at the maker of Mercedes-Benz luxury cars, while at the same time preparing for the disruptive shift to electric vehicles.

Boeing drops automation system used to build 777 jets

(Reuters) – Boeing Co (BA.N) has abandoned a key automation system used to make fuselage sections for its 777 jetliners amid reports of reliability issues, and will instead partially switch back to mechanics, the planemaker said on Thursday. FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE)… Continue reading Boeing drops automation system used to build 777 jets

Daimler cuts costs and sets course for the future

Daimler today presented a new sustainable business strategy at its Capital Market Day. With a clear commitment to CO2-neutral mobility, the company is setting its course for a successful future. “We are positioning the company for the transformation with a clear strategy for the future. The expenditure needed to achieve the CO2 targets require comprehensive… Continue reading Daimler cuts costs and sets course for the future

Sea to offer $1b in convertible notes to drive expansion

Part of the funds will go to other general corporate purposes, such as potential strategic investments and acquisitions. Go to Source

MITSUBISHI MOTORS’ eK X & eK Wagon Kei Cars Win RJC Car of the Year 2020

TOKYO, Nov 13, 2019 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) today announced that eK X (pronounced eK cross) & eK Wagon Kei cars have been selected as the “RJC Car of the Year 2020” run by the Automotive Researchers’ & Journalists’ Conference of Japan (RJC) after the final judging on November 12. RJC… Continue reading MITSUBISHI MOTORS’ eK X & eK Wagon Kei Cars Win RJC Car of the Year 2020

Navistar Impacted By UAW’S Strike At General Motors

LISLE, Ill., Nov. 13, 2019 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) today announced that the six-week strike of the United Auto Workers (UAW) union at General Motors Corporation (GM) impacted the company’s ability to deliver approximately 5,000 vehicles to customers during the company’s fiscal fourth quarter of 2019. Due to Navistar’s lost production, the… Continue reading Navistar Impacted By UAW’S Strike At General Motors

Convoy raises $400 million to expand its on-demand trucking platform

Convoy, the digital freight network that connects truckers with shippers, has raised $400 million in a Series D funding round as it aims to scale its business amid an increasingly competitive market. The funding round brings Convoy’s post-money valuation to $2.75 billion. The round was co-led by Generation Investment Management and previous Convoy investor T.… Continue reading Convoy raises $400 million to expand its on-demand trucking platform

DENSO Shares Insights on Blockchain, Smart Mobility at MOBI Colloquium LA

– Mobility supplier’s VP of North America R&D Roger Berg to participate in panel, titled “Blockchain Standards for Smart City Ecosystems” – SOUTHFIELD, Mich., Nov. 13, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, is taking part in the MOBI Colloquium LA, Nov. 12-13, in Los Angeles. The event, which is intended to explore… Continue reading DENSO Shares Insights on Blockchain, Smart Mobility at MOBI Colloquium LA

It’s Official — Tesla Gigafactory 4 Will Be In (Or Near) Berlin

Invest
Electric Cars
Electric Car Benefits
Electric Car Sales
Solar Energy Rocks
RSS
Advertise
Privacy Policy

Cars

Published on November 13th, 2019 |

by Steve Hanley

It’s Official — Tesla Gigafactory 4 Will Be In (Or Near) Berlin

Twitter
LinkedIn
Facebook

November 13th, 2019 by Steve Hanley

Who would have thought when Tesla started selling the Model S in 2012 that less than 8 years later it would have a shiny new factory in China and plans to bring EV manufacturing to Germany, the heart of automobile manufacturing in Europe? On November 12, CEO Elon Musk traveled to Berlin to announce that Gigafactory 4 would be located near the German capitol.

Musk was in Germany to accept a Golden Steering Wheel award from Auto Bild, a German publication that covers the auto industry. “Berlin is great,” Musk said after the award ceremony. “I love Berlin.” In its latest earnings letter, Tesla said the European Gigafactory would likely be operational by 2021, predicting it would be similar to the Shanghai facility, since both will be manufacturing the Model 3 sedan and Model Y SUV/crossover.

The new German factory could make Tesla one of the largest employers in Berlin. According to one of our resident Berliners, looking at the data here, it appears Tesla could easily be a top 6 employer in the city. That said, it wasn’t clear if it will be counted as in the city or will just be near Berlin.

Tesla has been hinting at a European factory for years and has gotten proposals from many cities on the Old Continent, from Spain to Poland. Berlin is a bit of a surprise because it is not a manufacturing center. It is, however, a technology hub, which means Tesla will be able to choose from some of German’s best computer engineers for Gigafactory 4.

Musk also mentioned at the Auto Bild event that Tesla will be opening an engineering and design studio in Berlin as well. Musk has often said he expects to build 10 to 12 gigafactories around the world in coming years. High-level engineering and design to optimize for that is needed, and Germany is a good place to tap into those fields.

Following the news that Volkswagen began series production of its ID.3 electric car in Zwickau last week and is converting other factories in Germany, the electric car revolution in Germany is clearly picking up much needed momentum. Now, the question is how the other major German automakers will respond. Mercedes is introducing some electric cars, but most are aimed at the upper end of the market. BMW is apparently content to introduce some hybrids while it tries to figure out what its long-term strategy will be.

Tesla is not waiting around. With its new Berlin factory, it will be in the thick of the electric car mix in Europe, forcing everyone else to play catch-up.
Follow CleanTechnica on Google News.
It will make you happy & help you live in peace for the rest of your life.

About the Author

Steve Hanley Steve writes about the interface between technology and sustainability from his home in Rhode Island and anywhere else the Singularity may lead him. His motto is, “Life is not measured by how many breaths we take but by the number of moments that take our breath away!” You can follow him on Google + and on Twitter.

Advertise with CleanTechnica to get your company in front of millions of monthly readers.