A goal of making 20 million vehicles a year by 2030 will require manufacturing capabilities on every continent, according to the chair of the US electric car maker.
Denholm spoke at the National Press Club on Wednesday and said that they were building factories around the world. We need to be in all of the major markets around the world when it comes to electric vehicles and batteries.
On top of plants in California, Berlin and Texas have been opened by the electric car company. The EV maker's China operations are back in full swing after a production line upgrade and after the city's Covid-19 lock down. In August, the company delivered 76,965 Chinese-made vehicles.
When setting a supply chain for the long term, you want those miles those cars travel before someone actually owns them, and that includes shipping and sea freight, because all of those processes add to CO2 emissions.
The electric car maker wants to make 20 million electric cars a year by the year 2030. The plant had an annual capacity of about one million units.
Denholm said that markets around the world are important and that having manufacturing capability on each of the continents is important
When it entered China in the year of 2018,Tesla won tax breaks, cheap loans, permission to wholly own its domestic operations, and was given the go-ahead to build a giga factory. China was turned into the most important market outside the US byTesla.
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A series of high-profile safety incidents, protests by disgruntled customers, regulatory scrutiny, and concern the cameras built into its cars could be used for espionage have led to a cooling of relations.
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The US EV giant went to great lengths to keep its plant running, housing thousands of workers on site, sleeping on the factory floor and working 12-hour shifts.
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