Tesla announced that it will build a giant factory in Europe: in addition to batteries and electric cars

Tesla CEO Elon Musk said on Tuesday that the company will build the next giant factory in Europe, which not only produces batteries, but also produces cars.

Musk claimed that Tesla plans to build a giant factory in Europe. Musk also said that by then, the factory can produce both batteries and cars. Tesla plans to eventually have at least one battery and car factory in Europe, of course, the more the better.

Tesla announced that it will build a giant factory in Europe: in addition to batteries and electric cars

However, before this giant factory is actually built, people may need to wait for a while. Musk said that Tesla will start site selection for its second giant plant next year. But so far, the company is still focusing on preparing to launch the Model 3 car. Tesla plans to launch the Model 3 car by the end of 2017.

Tesla's first giant factory, the Gigafactory 1, is located in Sparks, Nevada, USA, and is still under construction. However, Tesla plans to use the plant to build the batteries needed for the car. And other energy products, including batteries used in Model 3 cars. Once Tesla built its first giant plant in Nevada, it will fully invest in the plant. By then, the plant will produce more lithium batteries per year, which will greatly exceed all other lithium in 2013. The entire output of the battery manufacturer.

Last year, Tesla has been perfecting its battery production methods.

In May of this year, Musk announced that he would “deliberately” build Tesla into the world's best manufacturer. In September this year, he claimed that his biggest inspiration for this year is that – what really works is “ The machine that produces the machine, or the "factory."

On Tuesday, Tesla announced that it will acquire German engineering company Grohmann, which specializes in automated production methods. Tesla acquired Grohmann to strengthen its own automated production methods. Tesla said that after the acquisition by Tesla, Grohmann will be renamed "Khosla Grohmann Automation", and the new company will help Tesla to build the most advanced factory in the world.

Tesla issued a statement on its website on Tuesday that advanced plants capable of mass-producing products will play an important role in helping Tesla achieve accelerated future projects for sustainable energy, mainly because these efficient plants will be able to Let Tesla build a product that is extremely economical and help Tesla reduce product costs.

For example, Tesla's first giant plant in Nevada will use advanced production technology and economies of scale to significantly reduce battery production costs. Tesla expects that once the plant is fully operational by 2020, the plant will be able to help Tesla reduce battery costs by 30%, which in turn will help Tesla produce cheaper electric vehicles.

By combining battery production with automotive production for the first time at a giant European plant, Tesla will be able to make the production process more efficient, which will ultimately help the company to create more affordable products for more consumers.

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