Home >> News >> Tesla to build a battery ‘Gigafactory’ in Nevada

Tesla to build a battery ‘Gigafactory’ in Nevada

Tesla is expected to build a $5 billion Gigafactory to produce batteries in Nevada, U.S., even as the company still undecided and other sites in New Mexico, Nevada and Arizona are also being considered.130517135909-tesla-store-620xa

Washington and California also considered as the location for the Gigafactory. Tesla will announce the location out of the five states and the site will be likely in Nevada. Denis Phares, CEO of Dragonfly Energy has earlier planned to make batteries in Nevada after the company was launched in 2012. Dragonfly acts middleman for online trade of Chinese batteries and is looking to manufacture high-end lithium-ion batteries with the help of funding.

“The goal is to bring manufacturing back home,” said Phares.

Tesla might also choose California due to the tax credits that was passed in the state. California is the home base of Tesla where the company plans to manufacture a Tesla S model priced at $30,000. Tesla also mentioned that the bid process for the setting up the facility has been given a boost by California.

Also Read: CEO Elon Musk makes Tesla patents open for all in ‘good faith’.

Lithium sources have been identified in North America, though the only working mine is located in Silver Peak near Tonopah. Dragonfly will also face the tough task of supplying batteries to Telsa S cars which require about 7,000 blue little tubes. Most of lithium-ion batteries are imported from China and this was the reason for setting up of a Gigafactory which runs up to 10 million square feet. Tesla will prefer to set up a plant in California though Phares hopes that setting up a plant in Nevada will bring in more jobs and energy-related research.

Also Read: Talks between Tesla and Samsung For Battery supply Deal.

[ Via ]

About Bhanu Jamwal

Living in Aldine, TX, he writes about Mac, iOS, Android and IT Hardware. Apart from writing on The Next Digit, he is also an expert in providing valuable seminars on IT Peripherals and IT Security. All posts by Bhanu

Leave a Reply

Your email address will not be published. Required fields are marked *