The ongoing construction of Gigafactories in Austin, Berlin, and Shanghai is a testament to Tesla's aim of one million electric vehicles by the end of 2021, and to sustain that pace moving forward. To achieve that goal, the automaker is expected to ramp up the assembly of the Model 3, the most popular in the company's EV lineup.
The increase in the production target was evidenced by Tesla's dealings with supply chain partners in Asia. Taiwan-based Pegatron, for instance, has reportedly secured a bigger contract to supply the central control system that will be installed on the Model 3.
The deal seemed large enough that Pegatron is said to be planning to build facilities in the United States to better serve Tesla's component requirements in the future. This and other solid indicators are pointing to the ramp-up production mode of the Model 3, according to Teslarati.
The focus on the Model 3 is not surprising as it is the most affordable of Tesla's EV offerings. The car offers nearly the same experience as its more expensive Tesla siblings so the demand is naturally high, which true in the United States and other parts of the world.
To date, the Model 3 production registered 261,000 units and the figures will only shoot up in the years to come. In China alone, Tesla is gunning to assemble the Model 3 in huge numbers and the minimum target is to roll out 300,000 units from the Giga Shanghai facility in China.
The same is expected when the Giga facilities in Texas and Germany become online. Tesla plans to produce other EV models from these factory sites but it is the Model 3 that will dominate the company's production charts.
The car's popularity is not a mystery at all. It is a modern machine that is relatively accessible. And the push out of the 2021 update, which came with notable software and hardware update, makes the Model 3 a compelling purchase, Forbes reported.
The important bump is all about performance. The Model 3 has become more efficient than ever and range coverage per charge has increased significantly. The base model now boasts of 267 miles of range while the most expensive trim, the Model 3 Long Range, now reaches a stretch of 352 miles, all thanks to the dual-motor that is fired up by a battery pack of 82kWh.
And perhaps the most attractive feature of the Tesla EV is the autonomous driving feature that its maker calls Full Self-Driving. The package is available across the board on Tesla vehicles and having it on the Model 3 is like the automaker saying that a modern and smart driving experience should not break the bank.
