Dthat electric car maker Tesla According to a media report, the construction project of a battery factory in Germany has been put on hold for the time being. Billionaire Elon Musk’s company is currently investigating whether a location in the United States would be more beneficial in light of a new US law to boost domestic battery production, the Wall Street Journal reports.
On Friday morning in German time, Tesla said it would launch a . will continue to rely on battery production in germany, but I prefer the United States because of the potential for broader funding. As reported by the German Press Agency, the company explained this to the partners in the region. Ideally, both battery factories would be ramped up as soon as possible, the company clarified. When asked, Tesla did not comment on the matter.
President Joe Biden’s administration plans to give US citizens a €7,500 tax credit for driving US-made electric vehicles United States of america Buy built-in batteries. Tesla planned to build a battery factory in Germany in addition to the already built car factory near Berlin. If applicable, the batteries must also be shipped to the United States for installation in vehicles.
The Wall Street Journal, citing insiders, reported that musk The company first wanted to investigate the implications of US legislation and by then was shelving its project in Germany. The manufacturer also submitted a dossier to the Texas Audit Office in late August, days after the law was passed, to explore the possibility of building a lithium refinery in the southern state.
EU Commission calls tax credits “discriminatory”
The Prime Minister of Brandenburg is traveling this Sunday Dietmar Vodke and his Minister of Economics Jörg Steinbach (both SPD) in the United States. Apart from political talks in Washington, meetings are also planned with representatives of electric car maker Tesla. It was open whether Tesla boss Elon Musk would also take part.
The plans of the US government are also viewed critically in Brussels. The European Union Commission called the tax credit “discriminatory” for buyers of American products. Brussels officials see this as a loss for companies that Batteries Source for its e-vehicles from abroad, a spokesperson said. This is a violation of the rules of the World Trade Organization.
Federal Economics Minister Robert Hebeck (Greens) said he also spoke to his US colleague about the legislation on the sidelines of the G-7 meeting of trade ministers. He said it is normal for him to point out “the interests of German companies or European companies” when talking to partners. It’s also about “fair trade”.
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