View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
28 March, 2022

Tesla opens first European factory in Germany

Tesla has opened its delayed electric vehicle gigafactory in Berlin, Germany, with plans to create 12,000 new jobs.

By Cara Lyttle

US-based Tesla, the electric vehicle (EV) and clean energy company, has opened its first European factory in Grünheide, near Berlin, Germany. The company has already hired 3,000 employees for the new factory with a further 9,000 positions still to be filled. At full capacity, the plant will produce 500,000 cars annually, with initial plans to produce 1,000 vehicles per week at the six-week mark, increasing to 5,000 per week by the end of 2022.

Free Whitepaper
img

Why tech innovators and start-ups thrive in Brabant

Brabant is one of the most innovative regions in Europe, where high-tech industries meet advanced manufacturing and technological innovations happen frequently. Collaborations between businesses, government and academia create an environment where innovation thrives. Projects include everything from battery storage, emission-free cars and electric flights to robotics and AI, and the future of processing chips. Home to 2.5 million people and best-in-class physical and telecoms infrastructure, Brabant has become one of the world’s most competitive economies. This whitepaper provides a detailed analysis of what makes a globally competitive economy, from bright talent to robust value chains. It presents an insight into Brabant’s high-tech systems and materials sector, and the spirit of collaboration driving world-class innovation. Download to learn about the business-friendly environment, industrial and knowledge networks and geographical advantages that make Brabant the ideal destination for ambitious innovators and start-ups.
by Brabant
Enter your details here to receive your free Whitepaper.

Tesla has been struggling to keep up with global demand for EVs and previously had to ship stock from China for customers based in Europe. In November 2019, when CEO Elon Musk announced his plans to open an EV plant in Germany, he acknowledged the talent available, explaining: “Everyone knows that German engineering is outstanding, for sure. That is part of the reason why we are locating our ‘Gigafactory Europe’ in Germany. We are also going to create an engineering and design centre in Berlin, because Berlin has some of the best art in the world.”

The company had originally intended to commence production at the plant in mid-2021; however, due to a host of complications including Covid-19 and supply chain issues, it had to postpone the opening.

Free Whitepaper
img

Why tech innovators and start-ups thrive in Brabant

Brabant is one of the most innovative regions in Europe, where high-tech industries meet advanced manufacturing and technological innovations happen frequently. Collaborations between businesses, government and academia create an environment where innovation thrives. Projects include everything from battery storage, emission-free cars and electric flights to robotics and AI, and the future of processing chips. Home to 2.5 million people and best-in-class physical and telecoms infrastructure, Brabant has become one of the world’s most competitive economies. This whitepaper provides a detailed analysis of what makes a globally competitive economy, from bright talent to robust value chains. It presents an insight into Brabant’s high-tech systems and materials sector, and the spirit of collaboration driving world-class innovation. Download to learn about the business-friendly environment, industrial and knowledge networks and geographical advantages that make Brabant the ideal destination for ambitious innovators and start-ups.
by Brabant
Enter your details here to receive your free Whitepaper.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Data, analysis and deep insights on foreign direct investment delivered to you
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Investment Monitor