Tesla is investing an additional $3.6 billion in the Nevada Gigafactory


Briefly: Tesla’s Gigafactory in Nevada will continue to grow thanks to an infusion of additional cash. The electric car maker has announced plans to invest more than $3.6 billion in the massive 5.4-million-square-foot battery and components park. The expansion calls for two new facilities, including a 100-gigawatt-hour 4,680 cell plant capable of producing enough batteries for 1.5 million lightweight vehicles annually and the company’s first semi-large-scale plant.

Tesla reveal Shape the 4680 battery cell during the 2020 Battery Day keynote. The cell measures 46mm by 80mm (hence the 4680 name) and produces five times as much power, six times as much power and offers 16 percent more range thanks to the new design.

The Semi was introduced way back 2017 It was supposed to go into production after two years. However, manufacturing won’t begin until 2022, with PepsiCo receiving the first production units late last year. Others who have placed orders for Tesla Semi trucks include United Parcel Service and Walmart.

likeness to him estimated range 500 miles, consumes less than 2kWh per mile and can recover 70 percent of range on a 30-minute charge. Tesla notes that charging with electricity is about 2.5 times cheaper per mile than filling it up with diesel, and can save operators up to $200,000 during the first three years of ownership.

the expansion At Gigafactory Nevada, located just outside Reno, it will also create 3,000 new jobs.

Tesla currently operates five Gigafactories around the world with additional locations in New York, Austin, and Shanghai. A sixth plant is said to be under construction Scheme For construction in the state of Nuevo León, northern Mexico.

In September, experts said Reuters that Tesla was having issues with the dry-coating technology used to produce its 4680 batteries. Because the technology is so new and unproven, the automaker was reportedly struggling to scale production to a level where significant cost savings could be achieved.


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