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Tesla outlines scheme for $4-5B battery Gigafactory; announces $1.6B offering

Green Car Congress

In October 2013, Panasonic and Tesla had already expanded their 2011 supply agreement so that Panasonic will supply nearly 2 billion automotive-grade lithium-ion battery cells to Tesla through 31 December 2017 at long-term preferential prices. Finalists for the Gigafactory location are Nevada, Arizona, New Mexico and Texas.

Batteries 299
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EAA National Board nominations from across North America

Electric Auto Association

About Joe: Joe has driven electric since 2017 with two BMWs: i3 REX and X5 40e. I am definitely invested in EV adoption and can connect with engineers and media because of my background in EV ownership and my master’s in mechanical engineering. What type of leadership makes you thrive? Clear goals with self-set strategies and tactics.

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EAA National Board nominations from across North America

Electric Auto Association

About Joe: Joe has driven electric since 2017 with two BMWs: i3 REX and X5 40e. I am definitely invested in EV adoption and can connect with engineers and media because of my background in EV ownership and my master’s in mechanical engineering. What type of leadership makes you thrive? Clear goals with self-set strategies and tactics.