LG says its new expansion plan will give it a total production capacity of more than 110 GWh in the United States.
It was a series of firsts, including a strong full year and Megapack turning a profit, that factored into CEO Elon Musk explaining that he has “never been more optimistic or excited about the future of Tesla.” Austin, Texas, has been confirmed as the site of the next Gigafactory.
Tesla boss Elon Musk has published the first image of the planned Gigafactory in Grünheide, near Berlin, in eastern Germany.
Plus, there was plenty of hope in predictions made by Norwegian institute DNV GL but U.S. households are facing hefty energy bills just as data from Delhi showed the link between industrial shutdowns and cleaner skies.
Tesla’s Nevada operation is still open for business, though. The EV and battery maker has assured the market its cash position is strong enough to weather an “extended period of uncertainty”.
The High Administrative Court of the Brandenburg region temporarily stopped preparatory work at the site in Grünheide, near Berlin at the weekend. A final decision from the local administration is expected “in a timely manner”.
The Chinese panel maker is already producing bifacial half cut modules at its new Anhui fab after the completion of an initial 2.5 GW phase of operations. And the company president confirmed Longi is on track for 45 GW of mono wafer and ingot production capacity next year.
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