Germany a leading choice for Tesla’s new Gigafactory

Germany a leading choice for Tesla’s new Gigafactory

It has been revealed that Tesla Motors is on the lookout for possible locations to establish its Gigafactory in the German state of North Rhine-Westphalia (NRW), the Rheinische Post reported recently, citing people familiar with the matter.

NRW is the country’s most populous state, and shares borders with the Netherlands and Belgium. First inspections have already taken place, the newspaper report added.

Last year, Tesla CEO Elon Musk said Germany was a leading choice in Europe to build a Gigafactory, and said that “the German-French border makes sense, near the Benelux countries.” More recently, he tweeted in April, stating that the company was “considering” building a factory in Germany.

The electric carmaker is also looking at the German state of Lower Saxony, which shares a border with the Netherlands, said economy minister Bernd Althusmann recently.

Meanwhile, just last month, Tesla revealed that it plans to build a new Gigafactory on the outskirts of Shanghai, which will be the company’s first overseas manufacturing facility. Tesla agreed to pay China 2.23 billion yuan (RM1.33 billion) in annual tax as part of a deal with local authorities, and it must begin generating the annual tax revenues at the end of 2023, or risk losing the land, which it bought for US$2 billion (RM8.26 billion) last year.

The facility in Shanghai will be used to produce the Model 3 sedan and the upcoming Model Y crossover, although it’s unclear if the Model X, Model S and the pick-up truck will be made there.

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Matthew H Tong

An ardent believer that fun cars need not be fast and fast cars may not always be fun. Matt advocates the purity and simplicity of manually swapping cogs while coping in silence of its impending doom. Matt's not hot. Never hot.

 

Comments

  • Its all a plan to reap the lower taxation in Germany while getting the lower paid, and easily retrenched, French workers. If Macron don’t concede for us to pay their citizens lower, we will go across to Germany’s border with Poland and make the same demand. I hope Macron see that he has no options. Muawahahahahaha!

    Like or Dislike: Thumb up 4 Thumb down 2
    • Zuffenhausen on Aug 26, 2019 at 11:38 am

      Utterly BS.

      Corporate taxes in Germany range from 22 to 33% whilst in France they are 30%.
      In the state of NRW taxes are mostly close to 30%.
      There is no benefit over France tax wise.
      Additionally NRW would be the wrong choice as only Rheinland-Pfalz is bordering France.

      There are other motivations for these considerations.

      Like or Dislike: Thumb up 0 Thumb down 0
      • JOACHIM on Aug 26, 2019 at 12:01 pm

        “France they are 30%… NRW taxes are mostly close to 30%”
        You just pointed out why yourself. And French people are very free moving, so the point is to target their workforce migration really.

        Like or Dislike: Thumb up 1 Thumb down 0
        • Zuffenhausen on Aug 26, 2019 at 1:13 pm

          If the factory ends up in the state of nrw u’ll be able to count non managerial employees with one hand. Belgiums Corp. Tax is 25% starting next year, by the way ;)

          And if this was about French workers, which it is really not, they would rather choose Belgium then. Benefitial for language. The average French worker, even those who reside alongside the German border does not speak German, at all.

          Maybe instead of using a German given name to pretend having any knowledge, you should do some thinking and reading before posting.

          Like or Dislike: Thumb up 0 Thumb down 0
    • ZF in Saarbrucken has a large french workforce, but France is only 10km away and they sleep at home in France every night.
      From Northrhine-Westfalia it’s approx. 250km to France, no french worker will move to Germany.

      Like or Dislike: Thumb up 0 Thumb down 0
  • Safety First on Aug 26, 2019 at 10:55 am

    Why not Japan as some fanboys shout? Because Deutsche uber alles.

    Like or Dislike: Thumb up 2 Thumb down 2
    • Because Japan is not in Europe and also doesn’t have any borders with the Netherlands, France, Belgium and Luxembourg?

      Like or Dislike: Thumb up 1 Thumb down 0
  • vVivi Zurianti on Aug 26, 2019 at 2:27 pm

    Tesla, please come and invest in Malaysia…

    We have the most conducive and relax environment for staffs and workers of car muanufacturers. No work pressure.

    If Tesla is not impressed enuf, MAlaysia is going to have flying car, ok? Best kan?

    Like or Dislike: Thumb up 5 Thumb down 1
 

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