STOCKHOLM/BRUSSELS/SAN FRANCISCO (Reuters) - Intel has picked Germany as the site for a huge new chipmaking complex, giving the first details of a $88 billion investment drive across Europe, which is striving to cut its reliance on imports and ease a supply crunch for manufacturers.
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POTSDAM, Germany (Reuters) -Tesla has received conditional approval for its German gigafactory near Berlin, the state of Brandenburg where the plant is located said on Friday, ending months of delay for the landmark site that was initially supposed to open last summer. The plant is key to Tesla CEO Elon Musk's ambitions to conquer the European market, where Volkswagen currently holds the upper hand with a 25% share of electric vehicle sales to Tesla's 13%.
POTSDAM, Germany (Reuters) -Tesla has received conditional approval for its German gigafactory near Berlin, the state of Brandenburg where the plant is located said on Friday, ending months of delay for the landmark site that was initially supposed to open last summer. The plant is key to Tesla CEO Elon Musk's ambitions to conquer the European market, where Volkswagen currently holds the upper hand with a 25% share of electric vehicle sales to Tesla's 13%.