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Tesla selects Nevada for “gigafactory”

Fri, 09/05/2014 - 16:23 -- Laura Varriale
Tesla's possible Nevada site

Automaker Tesla has chosen US state Nevada as the site for its planned $5 billion lithium-ion battery factory.

Californian Tesla is to build the factory in partnership with Japan’s Panasonic and expects to produce 35GWh of packs per year by 2020 for Tesla’s upcoming electric vehicle. The plant is aimed to generate more than 6,500 jobs and build 500,000 cars per year.

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