Financial Associated Press (Shanghai, editor Shi Zhengcheng) news, On Thursday, European local time, a number of media reported that Tesla's German factory will get the approval results of the local environmental protection office this Friday, which also means that the US electric vehicle giant has passed the biggest obstacle to official production.
(Source: Tradedswild)
According to the invitation letter obtained by the media, the State Government of Brandenburg, where Tesla's European factory is located, will hold a press conference at 15:30 local time on Friday, and Governor Dietmar Woidke will personally explain the approval decision on the factory. In addition to the governor, several officials in charge of environmental protection and economy in the state will also attend.
(Source: Social Media)
As a project officially announced by Tesla in 2019, the earliest scheduled production date of the Berlin factory was July 1 last year, but it was inevitably delayed under the impact of the new crown epidemic. What is more of a headache for American automakers is that due to factors such as changes in the design of the battery factory and protests by local environmental protection organizations, the company has been unable to obtain approvals for environmental protection and safety, which has also made it impossible for the factory to be officially put into operation even after completion.
In order to promote the progress of the project, Tesla CEO Musk also spent a lot of thought, in addition to speaking in German on social media, the Berlin factory also held a regional village rally in October last year to increase the goodwill of local residents.
It is reported that the content of the German government press conference on Friday is exactly the matter related to the company's environmental protection approval. Even with the most difficult environmental problems, the Berlin plant still had to meet a series of additional requirements before it could be put into production.
For Tesla's stock price, the European factory is also the most anticipated "new story" this year. According to the plan, the peak production capacity of the Berlin plant will reach 500,000 units a year. This not only means that Tesla has successfully laid out the most radical area of the global green transformation, but also successfully entered the base camp of old car factories such as Volkswagen and Mercedes-Benz.
(Tesla daily chart, source: TradingView)
According to estimates, the total investment in the field of electrification in the EU region will reach 100 billion euros in 2021, a 50% increase from 2020. Because of this, the electric vehicle market in the region is not only larger than that in the United States, but also the fierce competition will be on a higher level.