Tesla to Invest $250 Million in Battery Plant Outside Berlin
By Reuters | 12 May, 2026
The EV maker hopes to consolidate battery and chassis production for its European market at a single location by 2027.
U.S. electric car maker Tesla will invest almost $250 million in ramping up battery cell production capacity at its factory outside Berlin, in a move set to boost jobs in the area and strengthen its supply chain, the company said on Tuesday.
The investment is intended to create the conditions for annual production capacity of 18 gigawatt hours at the site in Gruenheide, south-east of the German capital, up from a previous 8 GWh, a statement said.
"The ramp-up of battery cell production will also be accompanied by a significant increase in labour demand," the statement added.
"From battery cells to electric vehicles, everything is expected to be produced at a single location starting in 2027."
(Reporting by Christoph Steitz and Rachel More, Editing by Linda Pasquini)
Recent Articles
- Trump Says Xi Agrees Iran Must Open Strait, but No Sign China Will Weigh In
- Tesla Raises Prices of Model Y Cars in the US for the First Time in Two Years
- Trump Returns from China with Nearly a Pre-Tariff Reset
- Canada Deepens Arctic Defense Ties with Nordics After Trump Threats
- Big Step in Samsung's Grand Ambition Produces Deep Divisions and Strike
- Vox Momenti: You're My Main Branch
- How SpaceX Stacks up Against Some of the Biggest US IPOs
- US Debt Load Could Undercut Warsh's Plan to Shrink Fed Balance Sheet
- US Manufacturing Output Accelerates on Auto Production in April
- U.S. Equity Fund Inflows at Three Week High on Chipmaker Demand
