Nearby Kaustinen hosts the biggest lithium deposits in Europe, while the Vaasa energy cluster hosts 140 companies with a combined turnover of EUR 4.4bn.
The mayor of Vaasa, Tomas Hayry, said the city "has the perfect qualifications to work as Tesla's partner and to be the optimal location of the gigafactory in Europe".
According to Vaasa's statement, the long-term benefits for the state of Nevada from the gigafactory locating there have been calculated at $100bn
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