Will Tesla forge a Chinese JV?: Tesla is very close to finalizing an agreement to build a factory in China, according to sources close to the matter. The agreement is being made with the city of Shanghai and is expected to be released this week. The U.S. automaker will need to set up a joint venture with at least one Chinese company, which is the case for all other automakers manufacturing vehicles in China. While Tesla wants to cut out the 25% tariff being charged to import its cars to China, creating a JV has been outside Tesla’s corporate culture (an example being creating its own Supercharger fast charger and not sharing the tech with other automakers). In early May, CEO Elon Musk had met with Chinese vice premier Wang Yang, which was reported in state-owned media as focusing on a JV being forged. The electric automaker released a statement at that time denying it will be going into business with a Chinese company. But Tesla does want to have a strong presence in China, having tripled its revenue there to $1 billion last year; creating a JV may be a necessity.
BMW 530e being outsourced to Magna: BMW is outsourcing manufacturing of a new 5-Series plug-in hybrid to North America’s largest auto supplier, Canadian company Magna International. Production will take place at the Graz, Austria plant of the Magna Steyr subsidiary with building of the BMW 530e starting this summer. Magna is opening the door to a new space for auto suppliers – contract manufacturing at a large scale. Magna Steyr will be manufacturing the Jaguar I-Pace electric SUV starting in early 2018. Companies like BMW and Jaguar will be able to outsource some of their production, keeping costs down and allowing them to use their factories for other vehicles. That means moving forward on hitting carbon emission targets and getting electric cars out at a faster pace.
New NAFA website and webinars: NAFA Fleet Management Association (NAFA) has unveiled a new website, which is providing more value to the memberships and visitors. It was redesigned to be easy to navigate and mobile device responsive. You can also view listings for upcoming clean transportation webinars in the Upcoming Events area. “Electrifying Your Fleet: How the latest technologies can significantly reduce the infrastructure and operating costs of driving on electricity,” will take place on August 16 and will be presented by charging infrastructure supplier ChargePoint. “Case Studies of Green Fleet Activities in Canada” will take place on October 18 and will be presented by Fleet Challenge.