There is 11 times more graphite than Li in a Lithium battery.
“Gigafactory.” Tesla CEO Elon Musk raised the idea of the Gigafactory in a previous earnings call, and said that to produce 500,000 of its Gen-III cars per year, Tesla would need to build a “giga factory” that would have the equivalent of all of the world’s current production of lithium ion batteries made just for Tesla in one factory.
In a letter to shareholders Tesla confirmed that the Gigafactory is in the works. The letter says:Very shortly, we will be ready to share more information about the Tesla Gigafactory. This will allow us to achieve a major reduction in the cost of our battery packs and accelerate the pace of battery innovation. Working in partnership with our suppliers, we plan to integrate precursor material, cell, module and pack production into one facility. With this facility, we feel highly confident of being able to create a compelling and affordable electric car in approximately three years. This will also allow us to address the solar power industry’s need for a massive volume of stationary battery packs.
“Gigafactory.” Tesla CEO Elon Musk raised the idea of the Gigafactory in a previous earnings call, and said that to produce 500,000 of its Gen-III cars per year, Tesla would need to build a “giga factory” that would have the equivalent of all of the world’s current production of lithium ion batteries made just for Tesla in one factory.
In a letter to shareholders Tesla confirmed that the Gigafactory is in the works. The letter says:Very shortly, we will be ready to share more information about the Tesla Gigafactory. This will allow us to achieve a major reduction in the cost of our battery packs and accelerate the pace of battery innovation. Working in partnership with our suppliers, we plan to integrate precursor material, cell, module and pack production into one facility. With this facility, we feel highly confident of being able to create a compelling and affordable electric car in approximately three years. This will also allow us to address the solar power industry’s need for a massive volume of stationary battery packs.
