Tesla’s latest event held at Gigafactory 3 in Shanghai has brought forth a series of news that the company’s fans have long waited for. Tesla CEO Elon Musk has officially launched the Model Y program in China, the first crossover to be produced by the company.
According to Musk, the “Model Y will also have some advanced manufacturing technology” that the company will reveal in the future. “I think it will be exciting to show the kind of manufacturing technology associated with the Model Y and it will be exciting to learn about these technologies”, the CEO added.
These advanced technologies might be the company’s solution for reaching an annual production of 500,000 vehicles at the Gigafactory 3 facility in China. Considering Tesla’s patents, this might further include the use of a giant casting machine for the manufacturing of the crossover, a machine that would reduce welds in the body of the vehicle.
After rumors that the company would begin this program on January 7 have started to do the rounds, speculations that the vehicle’s production would be accelerated have also started to emerge. Still, no details regarding the launch of the upcoming Model Y have been mentioned at Tesla’s event in Shanghai.
However, producing the crossover wouldn’t be a difficult task for the team at Gigafactory 3 since the Model Y should feature around 75% of the parts used for the construction of the Model 3. With no significant difference between the building processes of the two vehicle models, the company could thus reach its half-a-million-a-year vehicle goal.