"Tesla no longer intends to manufacture industrial-scale batteries in Germany. The manufacturer of electric vehicles would rather transfer some production processes to the US, where there are tax incentives," the agency wrote citing Brandenburg's economy ministry.
The German economy minister stated that the government was verifying details regarding the production move.
Due to difficulties implementing the new technology, Tesla delayed the start of battery manufacturing at its Grünheide plant by two years in October of last year.
The Inflation Act, which US President Joe Biden signed last August, would extend tax subsidies for the purchase of electric cars that are built in North America and use batteries made in the US using components produced locally.
source: reuters.com
The German economy minister stated that the government was verifying details regarding the production move.
Due to difficulties implementing the new technology, Tesla delayed the start of battery manufacturing at its Grünheide plant by two years in October of last year.
The Inflation Act, which US President Joe Biden signed last August, would extend tax subsidies for the purchase of electric cars that are built in North America and use batteries made in the US using components produced locally.
source: reuters.com