Tags: Tesla Gigafactory

Panasonic studying further investments in Tesla gigafactory: Report

Panasonic is reportedly reviewing its investments in battery production. According to Reuter, the company following a Nikkei report that stated that the “two had frozen spending plans”, said- Panasonic is studying further investments in battery production at its gigafactory joint venture with Tesla. This is actually deepening concerns about demand for the carmaker’s electric vehicles. […]

Read more

Tesla looking to get batteries from CATL to power its Model 3 cars: Report

Elon Musk-led Tesla Inc is reportedly gearing up to incorporate Chinese battery into its Model 3 cars. According to Bloomberg the E-Car manufacturing giant Tesla is in talks with Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) for rechargeable batteries that can power its Model 3 cars. The publication citing sources familiar with the […]

Read more

Elon Musk lays foundation of $7 billion Tesla Gigafactory plant in China

The US electric car maker Tesla CEO Elon Musk on Monday laid the foundation of a $7 billion plant in Shanghai, becoming the first company to benefit from a new Chinese policy of allowing foreign vehicle manufacturers to set up wholly-owned subsidiaries in the Asian nation. Till now, foreign automakers in China were required to forge joint […]

Read more