Jump to content

Create a Free Account or Sign In to connect and share in green living and alternative energy forum discussions.

Follow The Money: $15 Billion

Views: 324
Volkswagen To Build $15.5 Billion Battery Factory,
. . . In A Bid To Reposition Itself In Electric Car Industry.

Together with its partner Panasonic,
. . . Tesla is spending up to $6.96 billion to build its Gigafactory.
The factory is predicted to slash its battery costs by 30%, and
. . help Tesla's goal of manufacturing 500,000 cars annually by 2018.

5-30-2016 Source: Follow the Money:  $15 Billion


blog comments powered by Disqus