Tesla Could Drop Plans For Giga Berlin Battery Cell Plant: Report

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Tesla Could Drop Plans For Giga Berlin Battery Cell Plant: Report
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Tesla Could Drop Plans For Giga Berlin Battery Cell Plant: Report via insideevs.com

Tesla is reportedly pausing plans to make battery cells at Giga Berlin in Germany as it reconsiders its strategy in order to qualify for US EV and battery manufacturing tax credits., which cites people familiar with the matter, Tesla is looking to benefit from tax credits that will be offered to carmakers who build EV components, including batteries, in the US.

The automaker is already aiming to ramp up in-house production of its batteries with pilot projects in California and a production facility in Texas. Germany's Federal Ministry for Economic Affairs and Climate Action has previously estimated that Tesla was investing €5 billion in the battery plant. That said,offered to companies to help the region reduce imports from China.

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