Wednesday, March 26, 2014

Tesla confirms it is looking at Nevada for giant battery factory

From RGJ 2/26/14

Tesla Motors confirmed today it is looking at Nevada as a site for a $5 billion lithium ion battery factory.
The Reno Gazette-Journal first reported the electric car company’s interest in Nevada last week. Sources confirmed Tesla looked at sites near the Stead airport and the Tahoe Reno Industrial Center east of Reno.
According to Tesla’s blog, Nevada is a finalist for the factory along with New Mexico, Texas and Arizona.
“In cooperation with strategic battery manufacturing partners, we’re planning to build a large scale factory that will allow us to achieve economies of scale and minimize costs through innovative manufacturing, reduction of logistics waste, optimization of co-located processes and reduced overhead,” Tesla wrote on its blog.
Reno is an advantageous site because of its proximity to Fremont, Calif., where the company assembles its cars.
The giant factory is needed as the company ramps up production of its cars. It hopes to be turning out 500,000 cars by 2020.
According to a presentation by the company, the giant factory would need a two-story 10-million square foot facility. It would employ more than 6,500 people. The company is looking for a 500 to 1,000-acre site, which would house the factory as well as wind and solar power generators.
Final site selection is underway.

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