lithium-ion battery

Tesla to invest $2 billion in U.S. gigafactory

12:29 pm U.S. ET | Feb. 26, 2014
Tesla said it plans to invest $2 billion in a U.S. car battery plant that will be capable of supplying lithium ion packs for 500,000 vehicles a year by 2020. The factory, which is expected to go online in 2017, is part of Tesla's blueprint for a more affordable electric vehicle and would be the first major, integrated U.S. facility producing battery cells for electric cars....
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