Earlier this year Tesla announced plans to build a $5 billion Gigafactory battery plant that will reduce battery costs by 30 percent. This week Tesla CEO Elon Musk predicted that Tesla’s Gigafactory will be just one of hundreds of future Gigafactories that will be needed as the automotive industry produces more electric vehicles.
Read the rest of Tesla CEO Elon Musk Expects ’200 Gigafactories’ Will be Needed to Meet Electric Vehicle Demand
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Post tags: battery plant, battery production, electric car, elon musk, Gigafactory, green car, green transportation, lithium ion battery, tesla, Tesla CEO, Tesla Gigafactory, tesla model-s
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