29 Jul '17, 2pm

Elon Says Gigafactory Will Have Twice The Capacity Of All Other Battery Factories Combined

Battery production capacity is going to be the bottleneck and the huge balance on which the electrification of the automotive industry will pivot over the next few years. Global battery production capacity will scale up in a massive way, like the world has never seen before. Just as world gasoline prices fluctuate as global production and demand shift, so will global battery pricing. Companies that build their own battery production capacity like Tesla will be insulated from global fluctuations, whereas others will not.

Full article: http://gas2.org/2017/07/29/elon-gigafactory-twice-capacit...

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