Tesla has an ambitious growth strategy. As we know, the most important for electric cars is battery. To ensure a stable supply chain of all the elements necessary for the production of accumulators, Elon Musk's company had begun building a refinery capable of producing hydrogen hydroxide in Texas (Robstown). lithium for batteries.
This facility will be very important for the car manufacturer because will allow to improve the availability of lithium which is fundamental for the production of accumulators. Apparently, the beginning of the activities of the system could be brought forward. Originally, in fact, production was supposed to start in 2025. However, senior operations director Jason Bevan provided some updates on the work in progress, saying that production will start in 2025. already at the beginning of next yearand which will then increase progressively during 2024.
We will put into service the most efficient system or less from the beginning of next year and, then, we will continue for the entire first half of the year. of 2024. So we will increase production in the second half.
Also, Tesla appears to have already the future of this plant is very clear. In fact, we are already talking about of a possible expansion given that the company has other land where it can grow the factory. We remind you that 165 people will work in this production site.
A project, therefore, very important for Tesla, given the need to to rapidly grow the production of batteries for its electric cars.
In the past, Tesla had said that the mineral containing lithium will be provided by the partners of the American company. However, in the future, I will use also lithium coming from recycled batteries and production waste. Once fully operational, the factory will produce enough battery-grade lithium to build about 1 million electric vehicles a year.
With this plant, it could also significantly increase the capacity of of lithium processing in North America, which is currently limited. So, all that remains is to wait for news.
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