We Need A Huge Source For Light Weight Lithium Ion Batteries.
Tesla Motors broke ground on their famed Gigafactory in June 2014 outside Sparks, Nevada. They expect to begin battery cell production by the end of this year. Tesla projects that by 2018, the Gigafactory will reach full capacity and they have future plans for further expansion of product capabily.
This phase when completed will produce more lithium ion batteries annually than were produced worldwide in 2013.
This light weight lithium Ion battery technology is seen as critical to the development of electric vehicles as well as energy storage. Tesla recently announced the new electricity storage product called the Tesla Power Wall that will buffer the energy produced by home and utility scale solar arrays during the day for use at night and off hours.
Set up as a Panasonic and other strategic partners, the Gigafactory will produce batteries for significantly less cost using economies of scale, innovative manufacturing, reduction of waste, and the simple optimization of locating most manufacturing process under one roof.
The Tesla team expects to drive down the per kilowatt hour (kWh) cost of their light weight lithium ion battery pack by more than 30 percent. The Gigafactory will also be powered by renewable energy sources, with the goal of achieving net zero energy.
The name Gigafactory comes from the factory’s planned annual battery production capacity of 35 gigawatt-hours (GWh). “Giga” is a unit of measurement that represents “billions”.
( One GWh is the equivalent of generating (or consuming) one billion watts for one hour—one million times that of one kWh. )
If you live in Nevada or would like to live in Nevada this will be one of the largest employers in the region. Here is drone video showing the progress on the Gigafactory as of November 2016.