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Tesla talking to Slovakia about European EV plant

Ready for some far-flung Tesla news? How about a wild rumor out of Slovakia? You got it. The Slovak Spectator reports that Tesla might build a manufacturing plant there some day and is already in talks with the Economy Ministry and the Slovak Agency for Development of Investments and Trade. This was apparently confirmed to the newspaper by the EM, which also said the ministry offered Tesla an unspecified amount of investment aid (a smart move). Tesla spokesperson Liz Jarvis-Shean told AutoblogGreen simply, "This story seems quite speculative, and we don't comment on such rumors." Fair enough. We do know that Tesla is looking to open a manufacturing center in Europe, but that's unlikely to happen in the next few years, given that the CEO Elon Musk said recently that Tesla would need to sell 160,000 vehicles a year in Europe before building them there makes sense. Hard numbers of difficult to come by, but in the first four months of 2014, Tesla sold around 3,500 EVs in Europe, according to research firm JATO Dynamics. So, we have some time to cultivate some Slovakian sources.

Pininfarina teases its Tesla- and Bugatti-baiting EV supercar

Pininfarina isn't being bashful when it comes to getting into the car business. The Italian design house has revealed a sketch of the PF0 Concept, an electric supercar aimed directly at the world's fastest and most expensive vehicles. With upward of 1,000 horsepower, along with an expected price in the millions of dollars, this extreme EV is meant as a calling card for Pininfarina's upcoming range of electric cars and SUVs. So should the likes of Tesla, Porsche, Ferrari, Bugatti and Lamborghini be worried? Pininfarina might be new to building its own cars, but the company has many decades of experience designing and engineering some of the most desirable cars of all time — including many of the finest supercars to have worn a Ferrari badge on their nose. As we reported earlier this year, Pininfarina has teamed with Indian auto manufacturer, Mahindra, to develop a range of high-end EVs. With this roughly $500 million investment, not to mention some engineering help from Croatian supercar manufacturer, Rimac, Pininfarina aims to start high. The company will first introduce a hypercar, based on the PF0 Concept, within two years, then bring along a range of more affordable electric cars and SUVs. These will more directly take on the likes of Porsche Cayenne, Lamborghini Urus, and Tesla Model X. So yes, if you're in the business of building expensive cars, especially ones with a lot of batteries positioned inside them, Pininfarina's plans for the PF0 (that's a zero, not the letter "O," by the way) should make you sit up and take notice. "Automobili Pininfarina is a pioneering new business created to service the most discerning clients in the world," said Michael Perschke, CEO for Automobili Pininfarina. "Our product portfolio will launch with an innovative, zero-emissions hypercar that represents the progression we aim to make at the pinnacle of the luxury and sports car market." According to its press release, Pininfarina is currently presenting its "business and product plans to prospective retailer partners, clients and media in New York this week." After its tour of the Big Apple, look for Pininfarina to officially reveal the PF0 Concept during Monterey Car Week in August. Related Video: Design/Style Green Bugatti Lamborghini Porsche Tesla Electric Future Vehicles Luxury Performance Pebble Beach supercar mahindra hypercar Rimac

Panasonic has an idea to be Tesla's one and only gigafactory partner

Samsung? Who's Samsung? That's what Panasonic is asking as the electronics conglomerate makes it clear it is looking to secure its position in Tesla Motors' plans to build a huge car-battery factory over the next three years. Panasonic is now saying it expects to be the only battery manufacturer partner for Tesla's so-called gigafactory, Reuters says, citing comments from Panasonic senior executive Yoshio Ito. Ito says his company has been in talks with Tesla about its construction plans, and while Samsung started supplying Tesla's batteries last year, Panasonic, which makes Tesla's lithium-ion cells, is looking for solo billing once the $5-billion factory goes live in 2017. All Tesla CEO Elon Musk has said so far is that he expects Panasonic to be the main partner in the gigafactory. Tesla, when contacted by AutoblogGreen, declined to comment on Ito's comments. Last fall, Panasonic and Tesla reached an agreement in which Panasonic would increase its supply of battery cells to Tesla by a factor of 10 within the next three years, and Panasonic says its already doubled its battery-production investment this year largely because of the California automaker. That said, Panasonic president Kazuhiro Tsuga said in March that there was significant risk involved in any investment in the gigafactory and hadn't committed to any investment as of that time. So Ito's comments may merely be a negotiation ploy. Tesla is looking for partners to shoulder about $3 billion of the $5 billion gigafactory cost. Earlier this month, Lux Research estimated that Panasonic has a 39-percent global market share for plug-in and hybrid batteries. NEC has 27 percent and LG Chem has nine percent.