Tesla's battery-making 'Gigafactory' may build in Nevada

GIGAFACTORY in Nevada

NEVADA SELECTED AS OFFICIAL SITE FOR TESLA BATTERY GIGAFACTORY

CARSON CITY, NV – Governor Brian Sandoval and Elon Musk, Chairman and CEO of Tesla Motors, announced today that Nevada has been selected as the official site for the Tesla Gigafactory.

“This is great news for Nevada. Tesla will build the world’s largest and most advanced battery factory in Nevada which means nearly one hundred billion dollars in economic impact to the Silver State over the next twenty years. I am grateful that Elon Musk and Tesla saw the promise in Nevada. These 21st century pioneers, fueled with innovation and desire, are emboldened by the promise of Nevada to change the world. Nevada is ready to lead,” stated Governor Brian Sandoval.

“I would like to recognize the leadership of Governor Sandoval and the Nevada Legislature for partnering with Tesla to bring the Gigafactory to the state. The Gigafactory is an important step in advancing the cause of sustainable transportation and will enable the mass production of compelling electric vehicles for decades to come. Together with Panasonic and other partners, we look forward to realizing the full potential of this project,” said Elon Musk, Chairman and CEO of Tesla Motors.

“On behalf of the State of Nevada, I would like to acknowledge this monumental day and provide my initial support. This is a significant opportunity to make a major stride to improve our statewide economy. I look forward to receiving the necessary information so the Legislature can meet and take necessary action to support this major industry coming to Nevada,“ stated Speaker Marilyn Kirkpatrick.

Tesla Motors

Tesla Motors has decided to build its massive battery production facility in Nevada, putting an end to a heated competition between nearly half a dozen states in the region. Tesla CEO Elon Musk and Nevada Governor Brian Sandoval made the announcement on Thursday.
Those following the story closely likely already knew that Tesla started excavating a site in Reno back in July. Reno wasn’t officially named as the host city for the Gigafactory in the recent press release but given the excavation, it’s a pretty solid bet.
For those unfamiliar, Tesla signed a deal with electronics maker Panasonic back in July to build the world’s largest and most advanced battery factory. The $5 billion Gigafactory, as it’s being called, is expected to produce 50 gigawatt-hours of battery packs per year – enough to build half a million electric vehicles annually.
For Nevada, the deal means the creation of 6,500 new jobs and an economic impact of nearly $100 billion over the next 20 years.

The Gigafactory will be critical in the creation of Tesla’s upcoming Model 3. Unlike its existing sedan which retails for around $70,000, the Model 3 will be marketed to the masses at a price point of around $35,000. It’s expected to be based on a brand new platform that’ll transport passengers more than 200 miles on a single charge when it rolls into garages sometime in 2017.

via: Source

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