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Thread: Tesla's Gigafactory in Shanghai

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    Re: Tesla's Gigafactory in Shanghai

    Daimler is fully committed to electric cars.

    "Inventor of the internal combustion engine and German multinational auto group Daimler has declared that it has no current plans to develop fossil fuel engines, as it shifts its focus to electric drivetrains and battery development.
    It’s a massive statement from the company that encompasses Mercedes-Benz as well as several truck brands including Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, generating 167.4 billion euros ($A272.7 billion) in revenue in 2018."

    Daimler calls time on fossil fuel cars, draws praise from Musk | The Driven

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    Re: Tesla's Gigafactory in Shanghai

    Quote Originally Posted by Bergslagstroll View Post
    Daimler is fully committed to electric cars.

    "Inventor of the internal combustion engine and German multinational auto group Daimler has declared that it has no current plans to develop fossil fuel engines, as it shifts its focus to electric drivetrains and battery development.
    It’s a massive statement from the company that encompasses Mercedes-Benz as well as several truck brands including Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, generating 167.4 billion euros ($A272.7 billion) in revenue in 2018."

    Daimler calls time on fossil fuel cars, draws praise from Musk | The Driven
    That is really a major announcement. Mercedes-Benz is one of the most respected auto manufacturers in the world.

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    Re: Tesla's Gigafactory in Shanghai

    Quote Originally Posted by Media_Truth View Post
    That is really a major announcement. Mercedes-Benz is one of the most respected auto manufacturers in the world.
    Volkswagen are also making massive investments in electric cars.

    "The world's biggest carmaker announced Friday that it had struck a deal with Sweden's Northvolt to build a giant battery factory in Germany. It also confirmed production dates for two new models key to the group's success.

    The German company said production of lithium-ion batteries would begin in late 2023 or early 2024, a move that will be vital to Volkswagen's (VLKAF) ability to mount what it calls "the largest electric offensive in the automotive industry worldwide.""


    Volkswagen electric car plans pick up pace with battery deal and model launches - CNN

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    Re: Tesla's Gigafactory in Shanghai

    Way ahead of schedule --->
    Tesla to start Model 3 production at Gigafactory 3 this month: sources

    Tesla to start Model 3 production at Gigafactory 3 this month

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    Re: Tesla's Gigafactory in Shanghai

    Over 70 percent of car sales was electric or hybrids with around half being pure electric during september in Norway.

    Norway: Electric car share at 54.5% in September - electrive.com

    There Tesla Model 3 was also the most sold car model in Norway.

    Norway Update: Tesla & Chinese EVs Could Spell Doom For Legacy Automakers | CleanTechnica

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    Re: Tesla's Gigafactory in Shanghai

    Quote Originally Posted by PoS View Post
    Actually, Amazon began making profits in its 6th year. Tesla is now 16 years old and counting. Its sales seems good, but until I see it making a profit no way would I ever invest in such a company.
    The small investor doesn't have the capital to wait for a long term recap like corporations and billionaires do.

    Tesla is basically running on intellectual property right now and is still considered risky by most market analysts.

    I'm not knocking Tesla by any means, but my money wouldn't go in that direction.
    “It’s easier to run for office than to run the office.”
    Tip O'Niell

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    Re: Tesla's Gigafactory in Shanghai

    What people need to understand is that Tesla is setting up to be more like a utility company.

    Next time you see a charging station, check and see if its not made by Tesla.

    Sure, they make cars. But what they're really doing is trying to corner the market for charging those cars. They want to control the gas stations, as it were.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Tesla's Gigafactory in Shanghai

    Quote Originally Posted by Bergslagstroll View Post
    Over 70 percent of car sales was electric or hybrids with around half being pure electric during september in Norway.

    Norway: Electric car share at 54.5% in September - electrive.com

    There Tesla Model 3 was also the most sold car model in Norway.

    Norway Update: Tesla & Chinese EVs Could Spell Doom For Legacy Automakers | CleanTechnica
    If we had around a 100% tax on IC engine cars, and no tax on electric cars, we would do the same.

    This is why electrics are competitive there.

    It has been shown many times. Have you never seen the proof?
    The left says the right is full of racists and bigots and have no tolerance. Nobody from the right organizes interference with gay pride parades, or other leftist events. The left however always has a group interfering with events organized by the right. Who are the tolerant ones I ask? Most certainly not the left.

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    Re: Tesla's Gigafactory in Shanghai

    Quote Originally Posted by Lord of Planar View Post
    If we had around a 100% tax on IC engine cars, and no tax on electric cars, we would do the same.

    This is why electrics are competitive there.

    It has been shown many times. Have you never seen the proof?
    Oil companies, from the exploration phase to the refining phase, enjoy many subsidies.

    Fossil Fuel Subsidies: Overview - Oil Change International

    As of October 2017, Oil Change International estimates United States fossil fuel exploration and production subsidies at $20.5 billion annually. Other credible estimates of annual United States fossil fuel subsidies range from $10 billion to $52 billion annually – yet none of these include costs borne by taxpayers related to the climate, local environmental, and health impacts of the fossil fuel industry.

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    Re: Tesla's Gigafactory in Shanghai

    Quote Originally Posted by Lord of Planar View Post
    If we had around a 100% tax on IC engine cars, and no tax on electric cars, we would do the same.

    This is why electrics are competitive there.

    It has been shown many times. Have you never seen the proof?
    The amount of the subsidies in Norway is crazy.
    Plug-in electric vehicles in Norway - Wikipedia
    Electric vehicles are also exempt from the annual road tax, all public parking fees, and toll payments, as well as being able to use bus lanes.
    They have an example of a Nissan Leaf at $42.5K, so the VAT tax savings over an IC car would be $10,625 alone.
    Add in to that, free toll road use, free public parking, and no annual road tax, and should we be surprised
    that people are taking advantage of the incentives?

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