Interesting news from Tesla. In particular, second Truckthe long-awaited new entry-level electric vehicle, that is Model 2, will go into production next year. The car, developed under the code name “Project Redwood”, will play a crucial role in allowing the car manufacturer to defend the position it has achieved among the main producers of electric cars, especially now that BYD took first place in the last quarter of 2023.
In this sense, the company stated that it could even sell 700 million Model 2s. To understand the “dimension” of this statement, just think that of Toyota Corolla – the best-selling car in the world – just over 50 million units have been sold so far (it debuted 58 years ago). In any case, it seems certain that Model 2 will represent an important revolution given that it will have a rather accessible selling price (we are talking about a less than $25,000). The new production process will help this aspect, which would allow the company to save up to 50% of construction costs as well as speed up the process.
About this “Unboxed” process consists in reducing the amount of work carried out at each stage of the production line, avoiding any superfluous operations. Additionally, next-generation powertrain and battery technology will also be crucial to keeping costs low. In this sense, Tesla promotes a 75% reduction in silicon carbide for its upcoming batteries. Finally, as regards the production of the new Model 2, the car will be born in Berlin.
