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Tesla Gigafactory 4 Berlin Could Get Subsidies, Says Minister

by George Szeto February 08, 2020

Tesla Gigafactory 4 Berlin Could Get Subsidies, Says Minister

Germany Economy Minister, Peter Altmaier, mentioned Tesla Giga 4 Berlin project in Germany could be able to get subsidies.

He said in a recent interview:

"In my conversations with (Tesla CEO) Elon Musk, I have always made clear that there are no privileges but also no discrimination,"

 

Germany Minister

 

As the Germany strict emissions regulations threaten the demand for older technologies such as diesel engines, the government has provided financial support for the local production of electric vehicle battery cells as a way to ensure employment in manufacturing for the country.

Minister also mentioned certain requirements are needed to fulfill for qualification of the subsidies such as battery efficiency and others.

"Also, Germany has to be more than an extended workbench. There needs to be research and development too. All companies that fulfill these criteria have a chance to be supported - including Tesla."

 

George Szeto
George Szeto

Proud owner of Tesla Model 3.
Future owner of Tesla Model Y Performance & CyberTruck




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