The government is not only discussing with BYD the possibility of establishing production second car manufacturer in Italy. In fact, he is also in talks with other manufacturers including Tesla. This was announced by the Minister of Business and Production of Italy. Adolfo Ursoduring a House Operations Committee hearing.
According to the minister, the government has long begun negotiations with manufacturers from different countries, not only eastern, but also western and he’s been talking to Tesla for months. He further added that the feedback has been very positive, but of course it is still an ongoing process that requires caution.
The government’s interest in Elon Musk’s company has been known for a long time. Moreover, the government could take advantage of the obstacles the company faces in Germany to expand the Gigafactory for bring Tesla even closer. It is no coincidence that in his speech Urso mentioned the problems of the German plant.
A German city has rejected a plan for a massive expansion of Tesla’s European assembly plant. This will definitely lead to a group decision.
As for negotiations with Chinese brands, there will be 3 in total; it was reported that representatives of these companies visited Italy last year to assess potential investment opportunities. However, we already know that in the case of BYD, any decision to open a second plant in Europe will depend on the market, given that the plant in Hungary will be operational in a few years. Only later will it be possible to understand whether there will be a need to increase production for the Old Continent market.
In any case, the government’s goal is well known and is to restart the automotive sector in Italy in order to support supply chain activities and therefore also guarantee jobs. We know they continue negotiations with Stellantis to increase car production in Italy, but this may not be enough. For this reason, we expect a second car manufacturer to emerge.
Source: HD Motori
Ashley Fitzgerald is an accomplished journalist in the field of technology. She currently works as a writer at 24 news breaker. With a deep understanding of the latest technology developments, Ashley’s writing provides readers with insightful analysis and unique perspectives on the industry.