Automakers Bank On Gigafactories For EV Expansion ...Middle East

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Automakers Bank On Gigafactories For EV Expansion
source : OILPRICE ( Middle East ) () 23
Electric vehicle (EV) companies worldwide are constructing “gigafactories”, huge factories that produce very large numbers of batteries for electric vehicles. The construction of these types of factories is becoming more popular worldwide, as automakers look to manufacture batteries for their vehicles and ensure their supply chain is stable, particularly following the challenges of the Covid pandemic. Over the next decade, we can expect this model of battery production to become more commonplace, with lithium batteries being manufactured…

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