31 July 2014
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Panasonic Corporation and Tesla Motors, Inc.
have signed an agreement that lays out their cooperation
on the construction of
a large-scale battery manufacturing plant
in the United States,
known as the Gigafactory.
The Gigafactory will produce cells, modules and packs
* for Tesla's electric vehicles and
* for the stationary storage market.
The Gigafactory is planned to produce
* 35GWh of cells and
* 50GWh of packs per year by 2020.
Tesla projects that the Gigafactory
will employ about 6,500 people by 2020.
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