Biggest building in THE WORLD
[h=2]The company initially intended to purchase 10 million square-feet of land for its Gigafactory, but after recent plans of acquisitions it seems Tesla will end up with more than 24 million square-feet of land[/h]
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Tesla Motor Inc is building the biggest factory ever in Story County, Nevada. Its Gigafactory is expected to be as big as 7 “blocks,” according to Story County official Dean Haymore. The term 7 “blocks” doesn’t sound that big, until you consider the Gigafactory which is undergoing construction at the moment as one single block.According to Haymore’s presentation at Tahoe Reno Industrial Center, Tesla has recently purchased another 1,200 acres of land next to where its Gigafactory is being built. After this recent purchase, the automaker now has land double the amount it used to have before, and that’s not just it, but it plans to acquire another 350 acres of land at the same location.
As reports state, the company initially intended to purchase 10 million square-feet of land for its Gigafactory, but after recent plans of acquisitions, it seems Tesla will end up with more than 24 million square-feet of land, making it the largest factory in the world.
Tesla’s CEO Elon Musk has forecasted an EV revolution, and to cope with it he says the company will need to build hundreds of Gigafactories. The Gigafactories will manufacture state of the art EV vehicles like the Tesla Model S.The American automotive company aims to begin production in its Gigafactory as soon as possible. The company forecasts making 500,000 batteries for electric cars in its Gigafactory by 2020. However, Musk reported to have said that Tesla will expand battery production to maximum levels, because of an impressive response from its latest announcement of stationary energy storage products. Hence, Tesla is expecting a lot in return from the huge investment at its Gigafactory.
Panasonic Corporation (ADR) (TYO:6752), is currently the only partner working along with Tesla for its Gigafactory. But another interesting fact that Haymore shared during his presentation was that another fourteen more companies are expected to join hands with them in the Gigafactory which is great news, especially for Tesla.
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“Panasonic is bringing 14 other companies, besides them, over here (Tahoe Reno Industrial Center) to provide for Tesla,” Haymore said.
Tesla initially had plans to bring in a number of suppliers to work together under a single roof in order to lower costs. However, the automaker has not yet announced a single battery cell supplier other than its long time battery supplier, Panasonic. We suggest Tesla may be relying completely on Panasonic to bring in other battery suppliers, and we also hope it works out for them so that we can probably drive better, and own cheaper EVs in the future.
[h=2]The company initially intended to purchase 10 million square-feet of land for its Gigafactory, but after recent plans of acquisitions it seems Tesla will end up with more than 24 million square-feet of land[/h]
- By: Alison Peters on Jul 11, 2015 at 9:15 am EST
- More articles on:
- TESLA MOTORS
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Tesla Motor Inc is building the biggest factory ever in Story County, Nevada. Its Gigafactory is expected to be as big as 7 “blocks,” according to Story County official Dean Haymore. The term 7 “blocks” doesn’t sound that big, until you consider the Gigafactory which is undergoing construction at the moment as one single block.According to Haymore’s presentation at Tahoe Reno Industrial Center, Tesla has recently purchased another 1,200 acres of land next to where its Gigafactory is being built. After this recent purchase, the automaker now has land double the amount it used to have before, and that’s not just it, but it plans to acquire another 350 acres of land at the same location.
As reports state, the company initially intended to purchase 10 million square-feet of land for its Gigafactory, but after recent plans of acquisitions, it seems Tesla will end up with more than 24 million square-feet of land, making it the largest factory in the world.
Tesla’s CEO Elon Musk has forecasted an EV revolution, and to cope with it he says the company will need to build hundreds of Gigafactories. The Gigafactories will manufacture state of the art EV vehicles like the Tesla Model S.The American automotive company aims to begin production in its Gigafactory as soon as possible. The company forecasts making 500,000 batteries for electric cars in its Gigafactory by 2020. However, Musk reported to have said that Tesla will expand battery production to maximum levels, because of an impressive response from its latest announcement of stationary energy storage products. Hence, Tesla is expecting a lot in return from the huge investment at its Gigafactory.
Panasonic Corporation (ADR) (TYO:6752), is currently the only partner working along with Tesla for its Gigafactory. But another interesting fact that Haymore shared during his presentation was that another fourteen more companies are expected to join hands with them in the Gigafactory which is great news, especially for Tesla.
<aside class="pull-left pad-top pad-bottom" style="box-sizing: border-box; padding-top: 9px; padding-bottom: 9px; width: 347px; float: left !important;">
</aside>
“Panasonic is bringing 14 other companies, besides them, over here (Tahoe Reno Industrial Center) to provide for Tesla,” Haymore said.
Tesla initially had plans to bring in a number of suppliers to work together under a single roof in order to lower costs. However, the automaker has not yet announced a single battery cell supplier other than its long time battery supplier, Panasonic. We suggest Tesla may be relying completely on Panasonic to bring in other battery suppliers, and we also hope it works out for them so that we can probably drive better, and own cheaper EVs in the future.
They can make an excellent picture tv from the price range of $3k not all that long ago only to now make a better tv on Walmart shelves to sell just under $498 today. Funny the car industry can't seem to do the same. The junk they put in these cars to intice you and sell you into thinking you're the hottest shit driving the streets for the next 14 months boggles me. Then after that timeframe is up you're already trying to come up with the finances to get the next latest overpriced car to keep status.
Well the Powertrain in the car is compromised of small lithium ion battery cells. The point of the gigafactory is to scale the manufacturing of these batteries and reduce costs of LI-ion batteries. Car companies don't usually publish the cost to produce their batteries but various industry people seem to think the # is around 250-300/kWh. They wanna get it down to around 150 and eventually 100. Just 6-7 years ago it was over 1000 so the improvements have come fast. At 60kWh battery pack you can put the Powertrain in for 9k, 5 years ago that was probably 50k.
Below 200kWh and you should be able to make EVs that are on par cost wise with Internal Combustion Engines.
Their stated goal is 500k by 2020. We'll say 350k of that is in the US. That is 4% of the new car market and that is just Tesla. Nissan, Chevy, BMW, GM all will start producing more EVs if/when Tesla is successful. They just need an upstart to kick them in the ass to innovate. New product innovation in the car business is really capital intensive. Big reason they are the first new US car company in almost 100 years.
Obviously with fuel prices higher in other parts of the world like Europe/Japan/China, they might be able to sell faster there.
Norway has the highest gas prices in the world I believe. Europe/Japan/China all have higher fuel costs than we do, so EVs could become mainstream there first.
@Hamglaze...You are right about how car innovation is so slow compared to say consumer electronics. It's just a really expensive industry to get into, reason there hasn't been an upstart car company in almost 100 years. Take other technologies and when they come on the market, a lot of times they are the first of their kind and have nothing to compete with. A car with an engine is a great product already so for EVs to sell they have to be a superior product.
@Hamglaze...You are right about how car innovation is so slow compared to say consumer electronics. It's just a really expensive industry to get into, reason there hasn't been an upstart car company in almost 100 years. Take other technologies and when they come on the market, a lot of times they are the first of their kind and have nothing to compete with. A car with an engine is a great product already so for EVs to sell they have to be a superior product.
