Tesla's newly announced 100 GWh 4680 cell factory in Nevada will grow to 500 GWh in the long run, powering the company's growth. The manufacturer is rising in all its divisions to independently support the development of the company and successfully achieve its goal of switching the world to sustainable energy.
Tesla is ramping up its 4680 battery production effort. The company announced a new $3.6 billion investment in Giga Nevada Tuesday to build Tesla Semi trucks and 4680 battery cell manufacturing facilities there. According to the original plan, once the expansion is completed, the company will have a production capacity of 100 GWh of 4680 cells per year, which is huge. For comparison, in its entire history, since 2014, the company has produced about ~125 GWh.
The new battery introduced by Tesla in 2020 is the key to the company's future growth. While the manufacturer has many battery suppliers, the goal of reaching the production of 20 million vehicles a year by 2030 will require a large number of cells to power electric vehicles. That is why Tesla will need both its suppliers' batteries and its own. The company already has a battery manufacturing facility in Fremont, California, as well as at Giga Texas and Giga Berlin. The production of 4680 cells at Giga Nevada was the next step to ensure its own growth.
However, after Tesla's Giga Nevada reaches a production capacity of 100 GWh of batteries per year, further growth is already planned. According to Elon Musk, in the long term, the company will be able to reach a production capacity of 500 GWh of batteries per year.
“We’re going to do our high volume Semi truck manufacturing here, and we’re also going to be adding 100 gigawatt-hours of Tesla 4680 cell manufacturing here. And that's just the start. I think long-term, we may do as much as 500 gigawatt-hours, long-term, but this increment is 100 gigawatt-hours. Yeah, so it's a hugely important game-changer,” said Musk.
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About the Author
Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.