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Tesla is the only company that has a Gigafactory producing batteries, and starting to build more. A few others finally get it, and are starting to invest billi
by gibolt 7y ago
Tesla is the only company that has a Gigafactory producing batteries, and starting to build more.
A few others finally get it, and are starting to invest billions just like Tesla's Panasonic arrangement. However, Tesla will soon be moving to their next iteration, producing far more batteries faster, cheaper, and in much less space.
- bildung 7y agoActually Teslas vertical integration will be a disadvantage, I think. There are many independent battery manufacturers, and many new plants already in construction for a few years. China alone will produce in excess of 500GWh in 5 years, and Europe about 400GWh [0]. Batteries will be a commodity in the very near future, and the current supply crunches seem more to be about the metals needed, not the actual battery production. [0] https://insideevs.com/news/397955/10-chinese-battery-makers-50-gwh-2025/ https://insideevs.com/news/397955/10-chinese-battery-makers-...
- gibolt 7y agoTesla will be able to buy those up as well, just like they are doing with CATL in China. As a battery manufacturer, your goal is to make and sell as many batteries as possible. Tesla wants a much larger number than the other players.