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Oct 28, 2014

signumBOX At the Moment, issue 112 - September 1st - September 15th

For the first two weeks of September we would like to highlight Tesla’s decision regarding the location of the US$ 5 billion giga factory. Nevada was chosen as the location of the battery plant because of the granted offered. Tesla expects that by the end of the first year of volume production the Gigafactory would have driven down the per kWh cost of the battery pack by more than 30 percent.

 

According to signumBOX’s estimates, Tesla’s battery factory would require about 18,000 to 20,000 tones of lithium as LCE by the end of the decade.

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