December is expected to be an even bigger month based on early data coming in. For example, Tesla has already delivered 5,000 Model Y vehicles in Norway alone in December. The Model Y’s rise in popularity in Europe coincides with Tesla ramping-up Model Y production at Gigafactory Berlin. The automaker recently confirmed that the factory is now producing 3,000 Model Y vehicles per week. All those vehicles are for the European market, and Tesla also ships cars from Gigafactory Shanghai to Europe.
Infineon to Open German Chip Fab as Part of EU Sovereignty Push
Infineon is set to open a $5.8 billion power-chip fab in Dresden on July 2, backed by about $1.1 billion in EU Chips Act subsidies. The plant will make power semiconductors for AI data centers Read more…