Britain’s power market will need investment of 6 billion pounds ($7.9 billion) between now and 2030 in flexible generation and storage such as batteries to support the transition toward an economy that emits less carbon, a study showed.
The Future We Need — From The Tesla Gigafactory To A Chain Of Terafactories
The reason Tesla names its Nevada battery production factory the Gigafactory was to help people understand that only when operating at a larger economy of scale does EV battery production truly become profitable.