Tesla is reportedly planning to build in a new cathode plant for its batteries in North America, to help reduce supply chain costs and simplify cathode production, CEO Elon Musk said today at the company’s battery event.
Musk said: The current process is not efficient, but it’s making improvements to the process that will make cathodes 76 percent cheaper, and produce zero wastewater. The new process will eliminate many of the intermediate steps involved in cathode production, and it plans to diversify the cathodes it uses, because of low nickel supply.
Musk didn’t said anything about where and when the new plant would be built, but he said at the start of his presentation that he wanted a Gigafactory on every continent.
