Finnish city to bid for Tesla European gigafactory
Published: Thursday, 15 December 2016
Vaasa authorities hope locally-available lithium supply and established energy technology hub will tempt the EV manufacturer.
The Finnish city of Vaasa is positioning itself as a potential
destination for Tesla Motors Inc. to build its European
Local authorities said the city is preparing a proposal, which
it will publish in Q1 2017.
The announcement follows an indication by the electric vehicle
(EV) manufacturer that it will locate its next major battery
manufacturing facility in Europe.
In a statement, local authorities cited local supply of raw
materials and the city’s position as an
established energy technology hub as key factors supporting its
Nearby Kaustinen hosts the biggest lithium deposits in Europe,
while the Vaasa energy cluster hosts 140 companies with a
combined turnover of €4.4bn.
The mayor of Vaasa, Tomas Häyry, said the city "has the
perfect qualifications to work as Tesla’s partner
and to be the optimal location of the gigafactory in
Tesla’s current gigafactory, which is still being
expanded though it was officially opened earlier this year, is
based in Reno, Nevada, US.
The company received significant tax breaks of $1.3bn to locate
in the western American state, prompting outrage from local
lawmakers when it signed a supply agreement with Mexico-based
Bacanora Minerals Ltd (which has since been terminated).
Legislators were later appeased when Tesla later signed a
second agreement with locally-based Pure Energy Minerals
According to Vaasa’s statement, the long-term
benefits for the state of Nevada from the gigafactory locating
there have been calculated at $100bn.
Authorities in Vaasa could not be reached for further comment
on the city’s plans at the time of