Skip to site menu Skip to page content

Daily Newsletter

21 February 2024

Daily Newsletter

21 February 2024

Locals nix Tesla expansion

Plans to double site capacity

Graeme Roberts February 21 2024

Tesla plans to expand its German factory have come up against a roadblock after local citizens voted against a motion to fell trees and make way for the larger site, the mayor of Gruenheide told Reuters.

The news agency said the non binding vote was a further obstacle in the way of plans to double the site's capacity to 100 gigawatt hours of battery production and 1m cars per year.

Current capacity is around 500,000 cars a year but its production ramp up has slowed, Reuters said.

The automaker produced 6,000 cars in a week for the first time in January, after reaching 5,000 cars per week last March.

Citizens in Gruenheide voted against the motion to clear enough forest for the company to build extra logistics spaces like a train station and warehouses, leaving it to local authorities to decide how to proceed, Reuters said.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close