Tesla to open 30 service centers and stores in Europe

Article by Anita Panait, on March 9, 2014

Tesla Motors Inc. plans to open over 30 new service centers and stores in Europe, expecting a surge in sales in the region and Asia. Tesla said in a statement that it expects combined sales in Europe and Asia this year to be almost twice those in North America. The electric-car maker plans to launch right-hand-drive versions of its Model S sedan in the United Kingdom and offer leasing and financing programs in Europe.

"Growing international sales is a crucial part of the plan for the Tesla, but it won't be easy," said Ed Kim, vice president of industry analysis for consultant AutoPacific Inc. "Both in China and Europe, many potential customers may not have access to charging infrastructure that's as good as here in North America."

Tesla expects more than 55-percent climb in global sales in 2014 and disclosed plans to invest up to $5 billion to build what it dubs a "gigafactory" in the United States. The facility would allows the carmaker to produce cheaper versions of its cars, allowing it to double its global market share to about 1 percent, remarked Adam Jonas, a Morgan Stanley analyst.

In 2013, Tesla delivered nearly 22,500 battery-powered Model S, which has starting price of around $71,000 in the US. Tesla is now selling its electric cars in Belgium, Denmark, Germany and Switzerland, according to the carmaker's Web site.

Topics: tesla motors, europe

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

BMW’s 550i xDrive has long been considered as one of the most successful business sedans in the world. For the brand, this may not be enough as it has officially...
by - January 20, 2017
Amazon is now moving beyond the four corners of online retailing. Only recently, the retail giant has been awarded a patent for its Road Network system. Since the patented technology...
by - January 20, 2017
The newest version of the Lamborghini Huracan is not a Superleggera, but a Performante. When Lamborghini filed for a patent for a new name, there were still debates whether this...
by - January 20, 2017
What is hotter and more menacing than a Hellcat? If we ask Dodge, its answer would be the “Demon.” Of course, we aren’t talking about a demon with horns and...
by - January 20, 2017
The 2018 model year could be an exciting year for fans and enthusiasts of the Chevrolet Corvette. This comes as the 2018 version of the Corvette is bound to feature...
by - January 19, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries