3 ms·
But if you are in some kind of competitive market where the labor cost has the potential to erase your margins (and therefore return on the project investment)
by einr 3y ago
But if you are in some kind of competitive market where the labor cost has the potential to erase your margins (and therefore return on the project investment) then I don't think it makes sense in this globalized economy to base in Sweden.
Where do electric vehicles fall on this spectrum? I don't know TBH. I would suspect the Model S and Model X it doesn't matter really ... but say for batteries or the Model 3 ... maybe Sweden is a bad choice.
https://northvolt.com/manufacturing/ett/ https://northvolt.com/manufacturing/ett/
- TheMagicHorsey 3y agoThis is a heavily subsidized project situated by geopolitical concerns ... not a practical calculus based on economics. Even so, even after so much government coddling, it has an uphill battle for raw materials and labor flexibility. I wish it well as its one of the few Western projects that can rival the gigafactories of China. Its a very bad outcome for the democracies of the world if China remains the only hardware supplier for our automated and electric world.