The company's unit, Panasonic Energy, will install a 15th production line at Gigafactory Nevada, the report said.it plans to build at least two new factories for the production of Tesla 4680 battery cells in North America by 2030. With that move, it seeks to boost its auto battery capacity to 200 gigawatt hours per year by March 2031, about four times its level at the end of this March.
Annual production capacity at the facility is estimated to increase about 10% from the current 38 gigawatt-hours to 39 GWh - enough for 500,000 to 700,000 Tesla Model 3s, according to the report.
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