Tesla Giga Factory U.K. Coming ?

In a report published on Monday by The National Grid unit, The United Kingdom wants to achieve net-zero emissions before 2050 by transitioning from ICE cars to electric vehicles.

Bloomberg reports that The United Kingdom is set to double the number of electric vehicles to 30 million over the next two decades due to green governmental policies, according to National Grid plc’s Electricity System Operator unit.

Tesla CEO Elon Musk in 2019 said he would have chosen The United Kingdom for the European Giga factory, but due to Brexit, he opts for Berlin, Germany.

Brexit, the withdrawal of the United Kingdom from the European Union. Following a UK-wide referendum in June 2016, in which 52% voted to leave and 48% voted to remain in the EU, the British government formally announced the country’s withdrawal in March 2017, beginning the Brexit process. 

If U.K. plans to transition from ICE cars into Electric vehicles before the middle of the century, I believe there is still a very good chance that Tesla CEO will reconsider his stance on whether to put a Gigafactory in The United Kingdom or not.

In May 2020, there was a report by Propertyweek that Tesla was considering building a gigafactory in the UK as it seeks 4m sq ft, with reports suggesting that the electric car firm is evaluating a potential site in Somerset. There is no confirmation on whether any UK facility would be a full car production factory or would focus on a specific technology such as batteries as Elon Musk has already named Giga Berlin the first European factory, where the production of Model 3 and Model Y is expected to begin in 2021.

This is a very good news for all EV enthusiasts, most especially for Tesla investors. If Tesla builds a new factory in the U.K., such factory can cater for the needs of most countries with left-side driving. Most areas of the world which were formerly British colonies still drive on the left hand side of the road including Australia, the Caribbean, India and South Africa. Japan also drives on the left. Europe generally drives on the right hand side apart from Cyprus, Ireland, Malta and the United Kingdom.

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