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Elon Musk considers South Korea for next Tesla Gigafactory location: report

Teslarati

South Korea’s presidential office revealed that President Yoon Suk-Yeol and Elon Musk conversed about Tesla in a video call on Wednesday, November 23. During the video call, Elon Musk reportedly told President Yoon that he considered South Korea one of the top candidates for a Tesla factory in Asia, reported Reuters.

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A look at Tesla’s potential new Gigafactory locations: Mexico, Canada, Indonesia or South Korea

Teslarati

In September, Canada’s Minister of Industry Francois-Philippe Champagne stated that Tesla did discuss the possibility of building a factory in Canada. Earlier this year, Champagne emphasized that Canada hopes to be the auto industry’s new “ supplier of choice.” Tesla South Korea.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

Toyota (Japan) is the overall global leader in autonomous automotive innovation, followed by Bosch (Germany), Denso (Japan), Hyundai (South Korea) and GM (US). To the contrary, automotive bellwethers are the ones in the driver’s seat. Toyota and Hyundai take the second and third places.

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“Electric cars are disasters; they are evil," says Hyundai union head

Green Car Reports

Not something you'd hear every day, certainly not from a powerful executive in the auto industry. Yet those are the words of Ha Bu-young, head of the Hyundai motor union, both the largest and the most powerful union in South Korea. “Electric cars are disasters. They are evil."

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

million in 2020, followed by 450,000 in the US and about 110,000 each in Japan and South Korea. Great promotional events and bold aspirational statements by the domestic auto industry can’t mask the facts. Continuing on this path would hurt the domestic US auto industry’s prospects for decades.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

The supply relief will not be coming from the big, national investments in the works right now by South Korea, the United States, and Europe but from older chip fabs and foundries running processes far from the cutting edge and on comparatively small silicon wafers. That figure is set to increase by about 10 percent per year to 2025.

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Elon Musk: Chip shortage is a “short term” problem that will likely be over next year

Teslarati

Just recently, a report from South Korea noted that Tesla key supplier Samsung Electronics has reportedly selected Taylor, TX, as the site of its upcoming $17 billion chip plant that would likely enter operations by Q4 2024.