Gigafactory

The giant lithium-ion manufacturing facilities will produce enough batteries each year to supply one million EVs

Construction is set to start by 2022 and is forecast to create approximately 2,000 new jobs

Production in the gigafactory is scheduled to begin in 2023 with a capacity of 16GWh of battery cells which will later increase to 50GWh

The permit includes noise, water protection and dust emission requirements the electric automobile manufacturer has to follow during the development of the facility

The plant, which is expected to cover 80 plus hectares land, will produce green lithium-ion batteries for use in electric vehicles

Elon Musk assured New York City Mayor Bill de Blasio that he ‘will do anything in our power to help the citizens of New York’

The InoBat Auto Gigafactory ‘to produce enough batteries to power 240,000 electric vehicles annually by 2024’

Northvolt aims to use 50% recycled materials in all its new battery cells by 2030

The €2.8bn LG Chem facility in Wrocław is expected to have a total production capacity of around 65GWh to 70GWh a year by 2022

A 50/50 joint venture will see the companies build a 16GWh battery gigafactory in Germany