Tesla’s lithium-ion ‘Gigafactory’ will be built in Nevada, after company officials including chief executive officer Elon Musk appeared alongside the US state’s governor at a press conference held yesterday afternoon.
Japanese consumer electronics giant Panasonic has partnered with Tesla Motors to construct batteries in the United States at the electric vehicle company’s new battery manufacturing plant, the Gigafactory.
The annual energy capacity of batteries used in utility-scale applications will be seen to increase by a factor of more than 100 between now and 2023, according to a new report published by US analysis firm Navigant Research.
