Tesla & Volkswagen — A European Battery Factory Race (Video)

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By Vivian in Business
Updated 3 years ago

The "EV Stock Channel" has published a video titled "European battery factory race (VW & Tesla)." It took a dive into how both companies are establishing electric vehicle battery factories and what it means for Europe. Tesla will manufacture its new 4680 battery cells at Gigafactory in Berlin with the goal of getting to around 100 gigawatt-hours of capacity initially and later on expanding to 200–250 gigawatt-hours. As for the timing, the video's host, Ivan, pointed out that Elon shared a clue in Tesla's latest conference call, the company's Q1 2021 earnings call.

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