Tesla (TSLA) 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, Reuters reports, citing a statement. “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 $1.2B. “The aim is to increase the vertical range of manufacture at the site: everything from battery cells to vehicles will be produced at a single location. This is unique in Europe and also strengthens the resilience of our supply chains,” Tesla said.
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