Tesla Could Build the World’s Largest Lithium-Ion Battery Factory

Forbes reported that electric vehicle manufacturer, Tesla Motors, is weighing the possibility of building the world’s largest lithium-ion battery factory.

Elon Musk, Tesla’s CEO said in a statement on Tuesday:

This will be a giant facility. We are talking about something that is comparable to all of the lithium-ion battery production in the world — in one factory.

According to Forbes:

Securing enough battery cells has been the biggest challenge for the electric car maker, who announced an expanded purchase agreement with Panasonicon Tuesday that will see it buying three times more cells than it did previously. Tesla plans to get a minimum of 1.8 billion cells from the Japanese companies over four years.

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