Today’s number is 10

Tesla is swiftly improving quality and looks set to achieve a production time of just 10 hours per car at its Gruenheide plant, Germany. VW’s main electric-car factory in Zwickau needs more than 30 hours per vehicle, which should be reduced to 20 hours next year.  Competition time….less labour, more automation…

We may not be building cars, but in construction, we are long way from thinking in this manner, but to be competitive, as an asset class, on cost, and on quality, we need to see more efficient measurement of what constitutes building something efficiently, otherwise, less will get built.