Tuesday, 9 May, 2023

Tesla to Build Texas Lithium Refinery to Power 1 Million Electric Vehicles by 2025

Tesla to build a new lithium refinery in Texas to support 1 million electric vehicles by 2025, as the automaker aims to reduce its dependence on battery imports and secure its battery supply chain. The move could also help lower the cost of batteries and make EVs more affordable for consumers. The new facility is expected to create hundreds of jobs and boost the local economy.