Tesla Eyes Battery-Cell Production in Germany From ‘27, DPA Says
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Tesla:The Tesla Inc. automotive plant in Gruenheide, Germany.Tesla Inc. plans to launch battery-cell production at its plant outside Berlin as soon as 2027, German press agency DPA reported.Elon Musk’s sole European electric vehicle factory in Grünheide is preparing to produce up to eight gigawatt-hours of cells annually, DPA reported on Tuesday, citing Tesla. It would mark a shift away from the current setup in which components are built in Germany but finished cells are imported from the US. The planned capacity could supply as many as 130,000 EVs a year.