Categories: News

Tesla invests $3.6 billion in new Nevada battery, truck operations

Tesla Inc. stated it plans to take a position $3.6 billion in two new factories to construct electrical car batteries and its all-electric Semi heavy-duty truck close to an current manufacturing website in Reno, Nev.

The brand new battery operation will make Tesla’s newest so-called 4680 cells with capability to be used in as many as 2 million automobiles a 12 months, Tesla stated in a press release Tuesday on its web site. It’s going to additionally construct a “high-volume” facility for its Semi which debuted late final 12 months, however the firm didn’t present estimated manufacturing numbers.

Tesla’s sprawling manufacturing unit within the area already makes electrical motors and battery packs, in addition to vitality storage merchandise like the house battery generally known as the “Powerwall.” It broke floor on the so-called gigafactory in June 2014.

Elon Musk’s firm handed over the primary Semi vans to PepsiCo final month. Tesla has stated it goals to supply 50,000 Semis for North America in 2024.

“It’s going to create greater than 3,000 good-paying jobs in Nevada serving to America lead in clear vitality manufacturing, strengthening our vitality safety, and finally reducing prices for households,” Mitch Landrieu, a senior White Home advisor, stated in a press release.

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