UP

Tesla mulls entering Israel's car market

Home page Culture
12 Punto 14 Punto 16 Punto 18 Punto
Tesla mulls entering Israel's car market

US electric car manufacturer Tesla is checking out Israel's car market and considering beginning operations in the country from next year.

Axar.az reports citing Trend.

Sources in Israel's vehicle market have told "Globes" that representatives from Tesla's European Division have been in Israel to examine the local market including the electric car battery charging infrastructure and its technical suitability for Tesla's 'superchargers.' Also being considered are the various logistics needed for importing the cars into Israel in terms of a management and operations network. Tesla has declined to confirm this report.

In recent years, there have been many direct and indirect attempts to import Tesla cars to Israel but representatives contacting the company were met with a refusal. The response was always that Tesla's business model is not to work through independent agencies, dealers and representatives to set up its own operations in overseas countries.

Tesla controlling shareholder Elon Musk has visited Israel several times in the past two years in what were described as 'family visits.' During those visits, he refused to answer business questions and denied any contacts with Israeli auto-tech and automated driving technology companies.

Tesla's interest in entering the Israeli market comes against the backdrop of a major rise in the production of electric cars in the US in general and in particular Tesla's opening of a factory in China, which will sharply increase the company's production potential.

Tesla recently announced that it was entering the Serbian and Croatian markets and that it would subsequently move into other Eastern European countries. These are markets that are smaller and less developed in terms of cars than Israel's market.

Also, market sources believe that Tesla's R&D department has ongoing collaborations with Israeli auto-tech startups.

Date
2019.10.17 / 19:11
Author
Axar.az
See also

India celebrates festival of lights with oil lamp world record

Zemfira refuses to perform in Armenia over arrest fears

The Enemy From Within - John Samuel Tieman

Armed heist hits Paris’ Louvre Museum

Nobel Laureate Physicist Yang Zhenning dies at 103

Robert De Niro to open restaurant in Baku

Picasso’s “Still Life with Guitar” was stolen in Spain

Turkish actor Arif Erkin Guzelbeyoglu dies at 90

Fateh Urek hospitalized after heart attack

International art exhibition opens in Berlin - Photo

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla