Tesla opens $5bn Gigafactory to ramp up battery production

Madeleine Cuff
clock • 2 min read

New facility could almost double the world's production of lithium ion batteries and reduce Tesla's battery costs by more than a third by 2018

Tesla yesterday opened the doors to its Gigafactory, the $5bn lithium ion battery factory in Nevada, US, that will support a massive increase in the company's production of electric cars. The site is...

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