German firm plans Tesla Gigafactory-rivaling battery plant

Flat lithium-ion battery back for next-generation Mercedes-Benz electric carsThe race to capitalize on the growing need for electric car batteries is well and truly underway. Although Tesla has an early start with its massive 35-gigawatt-hour Gigafactory, a German firm has announced plans for its own battery plant to rival Tesla’s operation. A consortium known as Terra E plans to finalize the site for a 34-gigawatt-hour…

from http://www.motorauthority.com/news/1111943_german-firm-plans-tesla-gigafactory-rivaling-battery-plant

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