Tesla puts on hold plans for Shanghai plant expansion
Tesla Model 3
Tesla has halted plans to purchase land for the expansion of its manufacturing plant in Shanghai in order to make it a global export hub, reports
Reuters. The pause was due to uncertainty from growing tensions between the United States and China, the news wire was told by people familiar with the matter.
The California-based electric vehicle maker now intends to limit the proportion of its output from China in its global production, two sources told
Reuters, as 25% tariffs electric vehicles imported from China have been imposed in addition to existing levies, put in place by former US president Donald Trump.
Amid Heightening US-China Tensions, Tesla Halts Expansion Of Its factory In Shanghai: Report
by Swarajya Staff - May 11, 2021 09:11 AM
Elon Musk launching a Beta version of Teslaâs V7.0 for the Model S in China in 2015 (VCG/VCG via Getty Images)
Amid escalating strain in the relations between United States (US) and China, Elon Musk-led electric car maker Tesla Inc is said to have halted its plans to buy more land to expand its plant in Shanghai and to make it a global export hub,
Livemint.
In bygone March, Tesla is said to have refrained from bidding on a plot of land across the road from the plant as it no longer aimed to boost China production capacity significantly.
Adamas: Tesla Consumed More Lithium Than Next 4 Brands Combined
May 07, 2021 at 9:47am ET ++ Tesla is the largest consumer of lithium for EV batteries.
Tesla was the largest electric car manufacturer in 2020, which directly translates to the level of consumption of key elements for batteries, like lithium (especially that Tesla s EV batteries are usually 50-100 kWh per pack).
According to the latest report from
Adamas Intelligence, in 2020 Tesla deployed
18,700
tonnes of Lithium carbonate equivalent (“LCE”) onto roads globally in the batteries of its newly sold passenger EVs.
The company estimates that it s more than the next four brands (BYD, VW, Renault and Audi) combined! Compared to automotive groups, Tesla is ahead of Volkswagen Group and BYD combined.
Beijing is revealing its grand ambitions through its unprecedented nuclear modernization programs, inserting more uncertainty and risk into an already challenging international security environment. These forces will enable China to improve its ability to coerce the United States and restrain response options. As a result, the United States must carefully consider the growing Chinese threat as it pursues its own nuclear modernization to ensure that U.S. nuclear deterrence remains strong. The United States and its allies face significant and growing threats from Russia and China in “hybrid” and “gray zone” warfare, fought at least partially in the digital and information environments. The threats aren’t all the same: They range from Russia’s cyberattacks and electoral interference against Europe and the United States to China’s long campaign to dominate key technology sectors such as 5G and artificial intelligence.
Adamas: Tesla consumed more lithium than next four EV makers combined in 2020
In 2020, Tesla deployed 18,700 tonnes of LCE onto roads globally in the batteries of its newly sold passenger EVs, more than the next four EV makers (BYD, VW, Renault and Audi) combined, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker.
In total, 67% of Tesla’s lithium consumption last year was for the Model 3, 17% for the Model Y and the remaining 16% for the Model S and Model X, combined.
By region, 47% of Tesla’s lithium consumption in 2020 rolled onto roads in the Americas, 34% in the Asia Pacific region, 19% in Europe, and less than 1% elsewhere.