Tesla To Build 'world's Largest' Battery Plant Near Berlin
Mohammad Ali (@ChaudhryMAli88) Published November 24, 2020 | 10:51 PM
Tesla boss Elon Musk said Tuesday that he plans to build the world's largest battery-cell factory at the group's electric car plant near Berlin
Frankfurt am Main, (APP - UrduPoint / Pakistan Point News - 24th Nov, 2020 ) :Tesla boss Elon Musk said Tuesday that he plans to build the world's largest battery-cell factory at the group's electric car plant near Berlin.
Tesla has already started construction on a huge "gigafactory" in a forested area in Gruenheide, south of the German capital, due to open next year.
The factory is Tesla's first in Europe and is expected to churn out 500,000 Model 3 sedans and Model Y SUVs per year.
Speaking at a European Battery Conference organised by the German economy ministry, Musk said battery cell production at the same German site would start with a capacity of around 100 gigawatt hours a year, before ramping up to 250 GWh per year.
At that point, the South African entrepreneur said he was "pretty confident it'd be the largest battery-cell plant in the world".
Production of electric vehicle batteries is currently dominated by Chinese, Japanese and South Korean firms, with Europe accounting for just a fraction of the market.
Musk announced his ambitious target on the same day he became the world's second-richest person, according to Bloomberg, overtaking microsoft founder Bill Gates, after Tesla touched a market valuation of $500 billion.
Musk also said it would "make sense" to make a smaller Tesla hatchback tailored to the European market.
"In the US the cars tend to be bigger... I was driving a Model X around Berlin and we had quite a lot of trouble finding a parking space that could fit it," he told the conference.
Musk added that local residents, some of whom took Tesla to court for felling trees to make way for the plant, won't experience "detectable amounts of toxins in the air" because of battery production at the factory.
Related Topics
Recent Stories
One woman died after speedy bus overturned
155 killed in Tanzania as heavy rains lash East Africa
Parliament committed to resolve public issues on priority basis: Ghulam Mustafa
Collaborative Care of Diabetes Centre inaugurated in Faisalabad
3 'tandoors' fined Rs 15,000
Usain Bolt named ICC Men’s T20 World Cup 2024 Ambassador
Special education dept submits project for opening Autism School in Lahore
Macron warns 'mortal' Europe needs stronger defence
Thousands of flights scrapped as French air traffic controllers strike
SECP proposes amendments to General Takaful Accounting Regulations, 2019
PM visits martyred Customs official's residence in Abbottabad
Ethiopian Special envoy urges Lahore's traders fraternity to join trade delegati ..
More Stories From World
-
155 killed in Tanzania as heavy rains lash East Africa
5 minutes ago -
Macron warns 'mortal' Europe needs stronger defence
3 minutes ago -
COP29 host says deal on climate aid essential but offers few details
30 minutes ago -
Ukraine jails couple for helping Russia strike hospital
44 minutes ago -
Togo opposition asks W.Africa court to overturn reforms
54 minutes ago -
Paris landmark Moulin Rouge's windmill sails collapse
1 hour ago
-
Ahead of feared Rafah invasion, Palestinians mourn bombardment dead
1 hour ago -
155 killed in Tanzania as heavy rains cause floods, landslides: PM
1 hour ago -
Car giants vie for EV crown at Beijing's Auto China show
1 hour ago -
Chinese defense minister to attend SCO meeting in Kazakhstan
1 hour ago -
China-Bangladesh to hold joint military exercise in May
2 hours ago -
Residents protest as Venice launches five-euro entry fee
2 hours ago