FRANKFURT, Dec 16 (Reuters) - Tesla (TSLA.O) is creating the conditions to produce up to 8 gigawatt hours of battery cells a year at its German gigafactory in Gruenheide near Berlin starting in 2027, the U.S. automaker said in a statement on Tuesday.
“To this end, we are investing another three-digit million amount in cell production,” it said, adding this would take total investments in the local cell factory to nearly 1 billion euros ($1.2 billion).
($1 = 0.8495 euros)

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FRANKFURT, Dec 16 (Reuters) - Teslais creating the conditions to produce up to 8 gigawatt hours of battery cells a year at its German gigafactory in Gruenheide near Berlin starting in 2027, the U.S. automaker said in a statement on Tuesday.“To this end, we are investing another three-digit million amount in cell production,” it said, adding this would take total investments in the local cell factory to nearly 1 billion euros ($1.2 billion).($1 = 0.8495 euros)

- Tesla plans to produce up to 8 gigawatt hours of battery cells annually at its German gigafactory in Gruenheide starting in 2027.  
- The company is investing a significant amount in cell production, bringing the total investments in the local factory to nearly 1 billion euros ($1.2 billion).  
- This expansion reflects Tesla's commitment to enhancing its battery production capabilities in Europe.

Tesla to invest in battery-cell production in Gruenheide