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Tesla’s European plant starts construction in January 2020 at the earliest, giving priority to Model Y production

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Editor’s note: This article is from Tencent Technology, Proofreading / Golden Deer, 36 氪 Reprinted with permission.According to foreign media reports, according to foreign media reports, Deutsche Bank released a report that electric car maker Tesla’s Gigafactory 4 in Berlin, Germany will be around January 2020Construction started.Earlier reports said that Tesla and local government officials have reached an agreement on land acquisition to build the company’s electric vehicle and battery production facilities.Tesla CEO Elon Musk announced last month that Berlin would be the company’s next car production plant.Deutsche Bank said in the report that Tesla “expects that its Berlin plant will begin construction around January 2020, first producing the crossover Model Y and then Model 3”.After announcing plans for the Berlin plant at the German “Golden Steering Wheel” awards ceremony, Musk said on Twitter that the plant “will produce Model Y first, including batteries, powertrain systems and automobiles.Tesla expects Model Y production at the Berlin plant to begin in 2021, “two years after the groundbreaking ceremony.”It’s unclear when Tesla will begin production of the Model 3, and how much the company will invest in the upcoming plant.However, some have speculated that the cost of the Tesla Berlin plant may be “slightly higher” than that of the Shanghai plant, which is reported to have a construction cost of $ 2 billion.According to local German media reports, Tesla’s agreement to purchase 300 hectares of production and logistics land will take effect after approval by the Brandenburg Finance Committee.However, the California Silicon Valley-based electric car maker is said to plan to begin construction of a new plant before it is approved.”If Tesla can make a positive decision, Tesla may take its own risks before ratifying,” said Axel Vogel, Minister of Agriculture, Environment and Climate Protection of Brandenburg, Germany.And Energy Minister Joerg Steinbach said the project is proceeding as planned and “the construction site is expected to be cleared in mid-March.” Steinbach and other government officials have always publicly supported Tesla inGerman factory established.After Tesla announced the establishment of a factory in Berlin, German Economic Minister Peter Altmaier and Steinbach attended a press conference in Potsdam, Germany, and highly praised Tesla’s decision.Altmeyer said: “We think this is recognition of Germany as a car manufacturing base. We think that in the next few years, we have the opportunity to become this important international center of the future-oriented industry.” Musk and Tesla sawSeveral advantages of building the company’s new factory in Germany, he said: “Everyone knows Germany’s outstanding performance in the engineering field, which is certain. This is part of the reason why we set up our super factory in Germany.” TeslaThe Berlin plant is expected to assist in the production of its increasingly popular cars, especially the Model Y crossover.This car will compete in the highly competitive crossover market, which is one of the most profitable models in the automotive industry.(Cover image from pexels.com)