Germany will build rival to Tesla's giant battery factory
Several German companies have teamed up in a consortium to build one of the world's largest battery factories to rival Tesla's Gigafactory.
In Germany, several chief executives are planning to announce the location for an enormous lithium-ion battery factory, reports Bloomberg. It is intended to be on par with Tesla's battery facility "Gigafactory" currently being constructed in the US casino city of Reno.
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