26 Feb '14, 12pm

Why A Gigafactory? Tesla Used 1/3 Of All Electric-Car Batteries Last Year

Why A Gigafactory? Tesla Used 1/3 Of All Electric-Car Batteries Last Year

By Matthew Klippenstein 845 views Feb 26, 2014 Reddit This! Share on Facebook Share on Twitter Tesla Motors - Model S lithium-ion battery pack Enlarge Photo The 210,000 plug-in electric vehicles sold around the world last year used a lot of lithium-ion batteries. But if startup automaker Tesla Motors has its way, it will soon need as many lithium-ion cells (of the 18650 format it uses) as are now built worldwide. That's why the company plans to release more details this week on its upcoming "gigafactory," a huge U.S. plant to build the cells it needed to let it boost production from last year's 24,000 electric cars to more than 100,000 by 2018. MORE: Will Tesla Alone Double Global Demand For Its Battery Cells? Already electric cars are consuming huge amounts of lithium-ion cells--and if the sector grows as expected, a whole new industrial base for battery production may be...

Full article: http://www.greencarreports.com/news/1090527_why-a-gigafac...

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