Tesla reports that economies of scale associated with the Gigafactory project could reduce the cost per /kWh of a battery pack by 30 percent
Current global output of lithium-ion batteries sits at just under 35 GWh/yr, but with the Gigafactory Tesla proposes a total output exceeding this figure by 2020
Projected figures show the Gigafactory producing 500,000 units per year by 2020, with expected battery cell output of 35 GWh/yr and battery pack output figures of 50 GWh/yr
Tesla is currently exploring various US states as possible locations for the Gigafactory
By working with various technology and battery partners on the Gigafactory project, Tesla hopes to reduce production costs by achieving optimal economies of scale
As Tesla’s Supercharger network expands and Model S sales continue to grow, so too does the company’s need to find a more economical battery solution. A proposed technology amalgamation in the form of the Gigafactory could theoretically reduce per kWh and lithium-ion costs by over 30 percent by 2020.
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