Tesla has released new details of its gigafactory manufacturing plant in the US, saying the site will represent a "fundamental change" the way batteries are produced for electric vehicles.
Due to open in 2017, the gigafactory will supply battery packs and components for Tesla's growing range of electric vehicles, including the upcoming Model X SUV as well as the firm's BMW 3-series rival. That car has now been confirmed as being called Model 3, rather than the previously suggested Model E.
One of the aims for Tesla's new factory is to drive down the costs of producing long-range battery packs for cars, helping manufacturers to introduce more electric vehicles into the market. Such cost reductions will be produced through economies of scale, with reports suggesting the overall cost of producing battery packs could be cut by 30 per cent.
JB Straubel, Tesla's technical boss and co-founder, said the gigafactory will represent: "a fundamental change in the way large-scale battery production can be realised."
Tesla has said that by the end of the decade, the gigafactory will produce 35GWh of battery cells alongside 50GWh of battery packs. By the same date, Tesla wants to be producing around 500,000 vehicles per year.