techkenyot.com
techkenyot.com March 24, 2019


Tesla Makes Gigafactory Breakthrough in Shanghai, Production to Start in 2019

08 January 2019, 01:37 | Hattie Nash

Tesla Makes Gigafactory Breakthrough in Shanghai, Production to Start in 2019

Tesla Makes Gigafactory Breakthrough in Shanghai, Production to Start in 2019

'We think with the resources here we can build the Shanghai Gigafactory in record time and we're looking forward to hopefully having some initial production of the Model 3 towards the end of this year and achieving volume production next year, ' Musk said at the event.

In July, Tesla raised the prices of the Model 3 and the Model Y by about 20 per cent in the mainland after Beijing slapped an additional 25 per cent tariff on American-made vehicles, a retaliatory measure against the U.S. administration as trade tensions between the two countries escalated.

The facility will produce Model 3 and Model Y cars as it pushes to grow its presence in the world's largest vehicle market.

The Model S, Model X and "higher cost versions" of the 3 and Y would continue to be made in the United States for the global market, including China, he added.

"Over the last six years, we have opened 60 Tesla locations, almost 1,500 Superchargers, and more than 1,850 destination chargers in the country", the CEO Elon Musk said.

Houston wins praise for handling of girl's drive-by shooting
New questions are being raised though, after it was revealed that King and Gonzalez received the tip on January 3. Late Saturday, the sheriff's office said on Twitter that the investigation had "taken a new direction".

The facility is expected to churn out about 250,000 vehicles annually in the first phase, and that capacity will double over time, the Shanghai government said in a statement Monday.

The automaker has said it aims to initially produce about 3,000 Model 3 vehicles per week at the plant and localise its manufacturing and supply chain.

"Cars priced between 300,000 and 400,000 yuan are popular among wealthy middle-class mainlanders", said Guo Zhipeng, a senior executive with an investment company who is also a Tesla fan.

China raised the import tariff on United States cars to 40% in July, then cut it to 15% from the start of this year as part of a trade war truce.

A local plant will help Tesla lower prices in the market to compete with a new generation of local rivals including Nio Inc, Byton and XPeng Motors.

Pressure on Solari as Imanol makes 2nd debut as Real Sociedad coach
We're going to keeping battling, but it's hard because Barcelona don't usually slip up and the gap is opening up. Solari has our confidence and we can not look for excuses for him, or blame him.

"Affordable cars must be made on same continent as customers", Musk wrote in another Twitter post.

"And the competition is getting more and more fierce".

Tesla (TSLA) bought the land for the factory outside Shanghai in October for $140 million.

The so-called Gigafactory would also be China's first wholly foreign-owned auto plant, a reflection of China's broader shift to open up its vehicle market even amid the whipsawing trade war.

Tesla's next model, the Model Y small SUV, was originally slated to go into production in 2019, but the company now has no factory space to produce it. He said production would start to some degree in the second half of 2019.

White House Adds To List Of Border Demands As Shutdown Continues
The president believes that the wall will stop undocumented migration, as well as human and drugs trafficking. Otherwise, Trump said, the shutdown is "going to go on for a long time". "We have to have border security".

China is the largest market for electric vehicles, and most forecasters predict EV sales in the country will accelerate rapidly as the government drives toward a goal of 100 percent electric vehicles by 2030.



Other News

Trending Now

The new Alien game, Blackout, is a mobile joint
Alien: Blackout may not be the game any of us wanted, but at least there will be a continuation of Amanda Ripley's story. Today, Variety revealed that Alien: Blackout had appeared on publisher D3 Go!'s website .

Paul Whelan: Is American held in Moscow really a United States spy?
But Whelan, a MI resident, also has family ties that allowed him to qualify for British and Irish citizenship. His brother, David, told U.S. media outlets that Paul had traveled to Moscow to attend a friend's wedding.

Australian mother charged after 4-year-old filmed riding on vehicle roof
Two other children were in the auto but properly restrained at the time the young child was seen clinging to roof racks. The mother could face jail time if she is found to have knowingly taken her son on a thrill ride, 9News reported.

UK DUP Considers Backstop the 'Poison' in Brexit Deal
May said the vote in parliament would be held around 15 January, as expected, countering reports that she could delay it. Describing what would happen if she was defeated, May told the BBC: "We're going to be in uncharted territory".

Chargers Troll Ravens' Pregame Masks With 'Crying Jordan' After Playoff Game
He was also sacked seven times and the team as a whole lost three fumbles, showing the Ravens were playing poorly all around. Chargers quarterback Philip Rivers was efficient and effective Sunday, completing 22 of 32 passes for 160 yards.

Ranveer Singh, Deepika Padukone are back in Mumbai after short holiday
Simmba surprisingly earned more than its opening day total of 20.72 crores by adding another 21.24 crores on first Monday. The growth was 50% from the previous day which is very good considering it was a holiday week in the first week.

Kendall Jenner Announces Proactiv Endorsement Deal After Promising To Share Big Secret
Kendall Jenner later revealed that her big announcement was that she was going to be the face of Proactiv , an acne brand. Someone else added: 'I am glad she will be telling her story about anxiety.

Apple iPhone XI might have the ugliest triple camera solution so far
There's no doubt the iPhone XI will support wireless charging and have aluminium core - even if it is for the premium models. The rumour reveals that Apple will go out of its way to make the upcoming iPhones much special and better than ever before.

World Bank President Jim Yong Kim resigns
The Trump administration has enjoyed a close working relationship with Kim. It has since focused on alleviating extreme poverty around the world.

Apple's iTunes App Coming to Samsung TVs
AirPlay 2 will enable users to play videos, music, podcasts, and more from Apple devices like the iPhone on their Samsung TVs . Basically if you can see it on the screen of one of those devices, you'll be able to do it on one of Samsung's TVs.