Tesla to invest in battery-cell production in Gruenheide
Reuters12-17 01:51
<a href="https://laohu8.com/S/TSLA">Tesla</a> to invest in battery-cell production in GruenheideFRANKFURT, Dec 16 (Reuters) - Tesla TSLA.O is creating the conditions to produce up to 8 gigawatt hours of battery cells a year at its German gigafactory in Gruenheide near Berlin starting in 2027, the U.S. automaker said in a statement on Tuesday.
"To this end, we are investing another three-digit million amount in cell production," it said, adding this would take total investments in the local cell factory to nearly 1 billion euros ($1.2 billion).
($1 = 0.8495 euros)
(Reporting by Christoph Steitz, editing by Thomas Escritt)
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