More Tesla electric vehicles will be soon deployed in Germany as Free Now, a joint venture of German carmakers BMW and Daimler, confirmed the purchase of 60 EV units purportedly for expansion of the ride-hailing service in the European country. The specific car model ordered was not mentioned, but it is likely the Model 3.
That's because the Model 3 seems to be the emerging favored units by taxi service operators opting to switch gradually to EVs, likely attracted by the car's cost-effective features and pricing.
Recently, a similar service in the German city of Düsseldorf has advertised the inclusion of 50 Tesla Model 3s on their taxi fleet, somehow indicating that Tesla has been catching the attention of taxi companies around the world, according to Electrek.
This has been the case too in the United States, where the Model 3 is being utilized for taxi services in a number of cities, the report said, adding that in Amsterdam 100 units of Tesla EVs, including the Model X SUV, have been servicing passengers for a number of years now.
It seemed strange that BMW and Daimler saw it fit source their business requirements from Tesla, but the move is not a surprise at all because "the truth is neither automaker currently has an electric car on the market that is ideal for a taxi company," per the same report.
Electrek added that inevitably, similar services would see the need to migrate to EVs, and it's hard to argue that at the moment, Tesla is the most viable choice available to them.
This latest development came in the light of Tesla gaining more ground for its business in recent months. The company has just let the world know that the Gigafactory 3 in Shanghai, China is now all geared up for full production, WCCFTech reported.
According to Tesla CEO Elon Musk, Gigafactory building Tesla car units will be in full swing this 2020. The company boasted that no less than 500,000 EVs would roll out from the factory in June or July this year.
Also, Tesla revealed that shipments have been increasing and that continuous growth is predicted with the plan to focus on Model Y. Previously, the carmaker has realized tremendous sales with the Tesla Model 3. The company said that in the next few years, it would be the Model Y that will serve as a major revenue generator.
Per the same report, Tesla is now the most valuable company in the U.S. auto industry, bumping perennial leader Ford. It is estimated that Tesla now has a market capitalization of $86.36 billion.
