Tesla's Gigafactory is described by its CTO J.F Straubel in terms of size, production, consumption, and scalability.
The details of Tesla’s Gigafactory have been revealed. Previous month, the company and official, J.B Straubel, discussed upon manufacturing facility on a stage of an auditorium in University of Nevada. J.B stated, "It won't be some kind of satellite facility remotely controlled by some headquarters far away. It needs to feel like a startup in its own right.” Tesla’s gigafactory is worth $5bn.
The new factory is a 10 million square foot manufacturing facility under-construction located in the eastern part of Reno. It is known as the world’s biggest investment in the mass manufacturing of electric storage systems and powered car batteries pioneered to smooth the means of generating more solar energy. Tesla news revealed that in collaboration with the Japanese company, Panasonic, it intends to manufacture a larger number of lithium-ion batteries annually by 2020 than manufactured across the globe in two years. The aim is to cut down costs by at least 30%.
According to Tesla’s plan, 500,000 powered cars each year would hit the roads by the end of the decade. In addition, large scale renewable energy production facilities and rooftop solar panels would be also provided along with power storage gadgets. "If we're able to find ways to drop the price of storage much faster than anyone expected", J.B addressed the crowded room, "then we'll have the opportunity to do something that we've long felt has been a missing piece."
However, spending $5bn of corporate funds on a modernized battery facility is itself a risk. The disadvantages of manufacturing a huge assembly facility for the current era’s expertise are still not known and the numbers of risks are greater than that of the successes amongst high-tech labs and automakers trying to extend the lithium-ion batteries’ limits and crack new storage codes.
The facility is ahead of schedule in the high desert located in the Storey County, Nevada. One mile down a street known as Electric Avenue that crosses throughout the Tahoe-Reno Industrial Center, it is sitting on a lengthy, flat area closed for outsiders by nearby hills, which are Tesla’s properties. The nearby Wal-Mart and PetSmart stores are minute in comparison.
Tesla news today affirmed that the company’s narrative about the huge facility assumed as a "startup" is a far cry from the growing 3000 acre area. Tesla’s Chief executive officer Elon Musk’s view of an environment-friendly technology production center is being fully displayed. It is physically huge and it intends to deal with the financial constraints of delivering more home batteries and powered cars, and upgrading the electric grid.
Tesla Motors news reported that the automaker’s factory would generate as much renewable power than it would consume. This would benefit the society and the organization itself.
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