Elon Musk says Tesla has now produced 1 million electric vehicles
Highlights
Premium EV manufacturer company tweeted through CEO Elon Musk's handle production stats about to produced 1 million electric vehicles.
Currently, Tesla offers four models of electric vehicle: the Model 3 and Model S, which are sedans, and the Model Y and Model X, which are types of SUV. Deliveries of the Model Y are due to start by the end of this quarter.
An announcement comes at a time when several large automakers are making moves into the electric vehicle sector.
Last week, the BMW Group released details of an electric concept car, the BMW Concept i4 Production of that vehicle is expected to start in 2021.
Towards the end of last year, the German company announced that 500,000 of its electrified cars had been sold. At the time, CEO Oliver Zipse said that the business “was stepping up the pace significantly” and aiming to have one million electric vehicles on the road “within two years.”
And in November 2019, the Volkswagen Group officially started series production of its ID.3 electric car, with the German carmaker planning to launch “almost 70 new electric models” on its platform by 2028.
China’s electric car market is the biggest on the planet: a little over one million electric cars were sold there in 2018, according to the IEA, with Europe and the U.S. following behind.
Targetting Location near to Central USA For Cyber-truck's Gigafactory
Tesla eyes for a location that will become home to the company’s Cybertruck Gigafactory. Musk announced via Twitter that the production facility for its first all-electric pickup truck will be located somewhere in the Central United States.
The futuristic Cybertruck, designed with manufacturing ease in mind from its stainless steel exoskeleton, has registered an unconfirmed 500,000 reservations according to crowd-sourced data and is expected to enter production in 2021.
Considering the company’s current-year estimates to produce an annualized 500,000 vehicles comprised largely of Model 3 and Model Y from its main factory in Fremont, California, Tesla’s need for a manufacturing facility in the world’s largest pickup truck market becomes paramount. And one Central US state, Texas, comes to mind.
The pickup truck is one of the most popular vehicle body styles in the United States as they are used for work with construction or hauling things for leisure. Because of the need for trucks all across the United States, a centralized location within the contiguous 48 would cut delivery times and be beneficial for anyone who chooses to own one of the most talked-about vehicles in the automotive industry in 2019.
We came back to you with more developments on EV's world, till then stay tune with us.
(Source: Assorted with cnbc & teslarati.com, 11th March 2020)
Highlights
- Tesla shares dropped by over 13% yesterday, amid continuing concerns about the coronavirus outbreak and a steep drop in oil prices.
- Musk’s announcement comes at a time when several large automakers are making moves into the electric vehicle sector.
Premium EV manufacturer company tweeted through CEO Elon Musk's handle production stats about to produced 1 million electric vehicles.
Currently, Tesla offers four models of electric vehicle: the Model 3 and Model S, which are sedans, and the Model Y and Model X, which are types of SUV. Deliveries of the Model Y are due to start by the end of this quarter.
An announcement comes at a time when several large automakers are making moves into the electric vehicle sector.
Last week, the BMW Group released details of an electric concept car, the BMW Concept i4 Production of that vehicle is expected to start in 2021.
Towards the end of last year, the German company announced that 500,000 of its electrified cars had been sold. At the time, CEO Oliver Zipse said that the business “was stepping up the pace significantly” and aiming to have one million electric vehicles on the road “within two years.”
And in November 2019, the Volkswagen Group officially started series production of its ID.3 electric car, with the German carmaker planning to launch “almost 70 new electric models” on its platform by 2028.
China’s electric car market is the biggest on the planet: a little over one million electric cars were sold there in 2018, according to the IEA, with Europe and the U.S. following behind.
Targetting Location near to Central USA For Cyber-truck's Gigafactory
Tesla eyes for a location that will become home to the company’s Cybertruck Gigafactory. Musk announced via Twitter that the production facility for its first all-electric pickup truck will be located somewhere in the Central United States.
The futuristic Cybertruck, designed with manufacturing ease in mind from its stainless steel exoskeleton, has registered an unconfirmed 500,000 reservations according to crowd-sourced data and is expected to enter production in 2021.
Considering the company’s current-year estimates to produce an annualized 500,000 vehicles comprised largely of Model 3 and Model Y from its main factory in Fremont, California, Tesla’s need for a manufacturing facility in the world’s largest pickup truck market becomes paramount. And one Central US state, Texas, comes to mind.
The pickup truck is one of the most popular vehicle body styles in the United States as they are used for work with construction or hauling things for leisure. Because of the need for trucks all across the United States, a centralized location within the contiguous 48 would cut delivery times and be beneficial for anyone who chooses to own one of the most talked-about vehicles in the automotive industry in 2019.
We came back to you with more developments on EV's world, till then stay tune with us.
(Source: Assorted with cnbc & teslarati.com, 11th March 2020)
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