Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

tesla

Elon Musk says he’s increasingly confident that a massive factory will lower battery costs enough for a mass-market electric vehicle.

Tesla Motors said it will start building a massive battery factory next month. A month or two later, it will start building a second factory in parallel. With construction started at two locations, the company reasons, it will be more likely that one will be ready in time to meet increasing demand for its electric cars.

 

To read the original article: Tesla Plans to Start Building Its Gigafactory Next Month | MIT Technology Review