To unclog bottlenecks last year at his Tesla Inc plant in California, Elon Musk ...
VW is retooling a plant in Zwickau to build 330,000 electric cars and German engineering giant Siemens AG , which has an industrial and technology hub in Berlin, last week said it met with Musk to discuss projects in the area of advanced manufacturing and car charging.
By contrast, the Volkswagen brand delivered 6.24 million cars last year and is readying its global production network to build 22 million electric cars by 2028. A combustion engined car has 1,400 components in the motor, exhaust system and transmission. By contrast, an electric car’s battery and motor has only 200 components, according to analysts at ING.
Today the biggest cost factor is still battery packs, which amount to between 30% and 50% of the cost of an electric vehicle.By adding the “Made in Germany” quality, Tesla could significantly boost sales of its electric cars, which are already class-leading.
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