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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

The EV manufacturer has already established a good business relationship with the state government of Nuevo Leon. In September, Canada’s Minister of Industry Francois-Philippe Champagne stated that Tesla did discuss the possibility of building a factory in Canada. Tesla South Korea. Tesla Indonesia.

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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

Comparatively, EV manufacturing has increased at a faster rate in China, which made up 44% of global EVs manufactured through 2020, up from 36% in 2017. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017. million (or about 10%) are slated to be manufactured in US.

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

Cars That Think

With chips finally reaching factory floors, their own manufacturing capacities were restored to pre-pandemic levels by the end of 2022. The auto industry is a relatively small chip end-user, but it’s growing fast. Cars rely on chips made using mature—40-nanometer and older—manufacturing processes.

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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.

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Warm-forged aluminum alloy differential case reduces weight by about 40%

Green Car Congress

A team in South Korea has developed a warm-forging process for the manufacture of an aluminium alloy automotive differential case—usually produced from ductile cast iron. —“ R&D Update: Warm forming of alloys in the auto industry ”, Stamping Journal.

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Bajaj Auto expands engineering skills training to Tier 2, 3 cities | Autocar Professional

Baua Electric

Only 5% of the Indian workforce has received formal skill training, compared to 80% and 96% in developed economies like Japan and South Korea, respectively. This disparity creates a significant bottleneck, hindering growth across construction, manufacturing, IT, transportation, and logistics sectors.

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