July 26, 2016
Palo Alto, CA-based Tesla Motors Inc. is pushing hard to complete construction on Gigafactory, a massive $5-billion battery factory in Sparks, NV. So far, progress at the facility appears years ahead of schedule.
Construction worker tallies have doubled to more than 1,000 on two shifts, seven days a week at the 3,000-acre site near Reno. Tesla hopes to begin producing lithium-ion cells by late 2016 to meet demand for less expensive sedans and new types of vehicles.
Tesla’s Gigafactory is the first ever to make a new 21/70 format of battery, rather than the 18/650 used now in Model S and Model X. At full build-out, the new plant could produce a total of 105 gigawatt hours of battery cells by 2020, roughly enough to power 1.2 million Model S sedans.
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