Shulou(Shulou.com)11/24 Report--

CTOnews.com December 27 news, Tesla CEO Musk said on November 23, South Korea is "Tesla in Asia to establish another production base one of the best candidates." As a result, all major local governments in South Korea have begun preparations for the Tesla Superfactory landing.

South Korea's Ministry of Industry, Trade and Resources has collected information from all 17 major local governments about Tesla's candidate sites and plans to send the information to Tesla by the end of this year.

South Korea believes it is competitive enough to build a Tesla superplant, after all, the country has major battery and battery material manufacturers such as LG New Energy and L&F, and the country is also a free trade agreement (FTA) partner in Tesla's main market.

South Korea's Ministry of Trade, Industry and Energy allegedly collected information from all 17 major local governments about candidate sites for Tesla plants, and the ministry plans to send this information to Tesla by the end of this year.

Among them, Gangneung is a famous tourist center on the east coast of the peninsula. The city is close to the port and has an abundant power supply. Pohang has an important seaport and is also home to factories of POSCO, the world's sixth largest steel manufacturer, and battery materials manufacturers such as EcoPro BM Co.

Daegu said L&F, which supplies battery materials for Tesla, is located in a city about 300 kilometers southeast of Seoul. CTOnews.com understands that they even want Tesla to set up headquarters in South Korea, and also hope to win Musk another SpaceX-related facilities, as well as a research and development center, although there is not enough space for Tesla super factory.

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