Czech industry minister pitches for Tesla’s first European factory
Czech industry minister Jan Mládek has raised hopes the US producer of electric cars and high performance batteries, Tesla, could choose the Czech Republic for its first European factory. Mládek said the Czech Republic would be an ideal site for the manufacturer during a current trip to the US. The Czech Republic already produced more than a million cars a year and has an excess of electricity, the minister pointed out. Tesla is looking to site a factory in Europe but has said that depends on sales of electric cars reaching around 160,000 a year compared with the current figure of around 10,000.