Tesla signs deal for Gigafactory 3 construction in Shanghai
In a statement released by a Tesla Motors spokesperson to EV magazine Electrek, the electric-vehicle (EV) maker has signed a ‘Cooperative Agreement’ with the Shanghai Municipal Government to allow the commencement of construction of Gigafactory 3 in Shanghai, China.
The Gigafactory 3 in China will be California-based Tesla’s new manufacturing facility for EVs. The signing of the agreement for the new Gigafactory was done in the presence of Tesla CEO Elon Musk and other company executives.
In confirming the agreement which puts an official seal on the construction of Gigafactory 3 in China, the Tesla spokesperson said that Tesla Motors has plans underway to begin the construction “in the near future,” after it gets all obligatory approvals and permits.
The spokesperson also added that the first cars will likely roll off the Gigafactory 3 line “2 years,” and said that the commencement of production at Gigafactory 3 will have no impact on Tesla’s on-the-growth manufacturing operations in the US.
Close on the heels of the confirmation that Tesla’s new Gigafactory is being built in China, Musk said in a statement: “Shanghai will be the location for the first Gigafactory outside the United States. It will be a state-of-the-art vehicle factory and a role model for sustainability.”
In a recent announcement via a press release, General Motors (GM) and Honda have revealed that they have signed a new partnership for building high-performance, next-generation batteries for electric vehicles (EVs).
In an indication that Honda has preparations underway for India’s electric car push, the Japanese automaker is reportedly mulling the option of a battery production facility in the country.
On Tuesday, ride-hailing giant Uber announced the launch of a new pilot program, under which the company will provide cash incentives to some drivers who switch to electric or hybrid vehicles.
During the course of a recent interview with Digital Trends, Mitsubishi Motors North America’s Chief Operating Officer and Executive Vice President Don Swearingen shared some information about how Japanese automaker Mitsubishi -- controlled by Nis
In a recent press release, Nissan has revealed that a fleet of its new LEAF electric vehicles (EVs) will be used for policing in Japan.
According to reports, the U.S. Federal Aviation Administration has given an airworthiness certification to the Alpha Electro all-electric trainer plane produced by Pipistrel, a Slovenia-based light aircraft manufacturer.