Mexican Media Brands
Tesla Gigafactory: Too Much, Too Soon?
The huge lithium-ion battery plant to be launched in 2017 by Tesla Motors Inc. and Panasonic Corp. is likely to create far more output than either company can use, warns an analysis by Lux Research Inc.
#hybrid
Share
The huge lithium-ion battery plant to be launched in 2017 by Tesla Motors Inc. and Panasonic Corp. is likely to create far more output than either company can use, warns an analysis by Lux Research Inc.
The Boston-based firm describes the $5 billion project as a "tremendous risk" because Tesla (and other EV makers the facility might supply) aren't likely to achieve sufficient combined sales volume to justify the factory's production.
Tesla has said it expects the plant to achieve sufficient cell output by 2020 to make 500,000 EV batteries per year. But Lux estimates Tesla's sales by then will be only 240,000 units, leaving the 35 GWh gigafactory with 20 GWh of overcapacity.
Lux also calculates the giant factory will cut the cost of Tesla's upcoming $35,000 Model III sedan by only about $2,800—not enough to impact the marketability of the car.
It isn't clear if Lux's analysis accounts for reports that Tesla plans to build out the factory's capacity in stages to match sales demand.
RELATED CONTENT
-
Frito-Lay, Transportation and the Environment
Addressing greenhouse gas reduction in the snack food supply chain
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
