giga factory

Tesla will utilize Intel's upcoming 14A chip manufacturing process for its ambitious Terafab AI chip complex in Austin, as confirmed by CEO Elon Musk. This partnership marks a significant external customer win for Intel's contract manufacturing business. Musk highlighted the need for the Terafab to meet anticipated demand for AI and autonomous driving technologies.

Elon Musk's ambitious 'Terafab' project, a massive AI chip factory involving Tesla and SpaceX, is reportedly underway. Musk's team is contacting major chip equipment suppliers and manufacturers like Intel and Samsung to secure the necessary technology. The goal is to produce Tesla's advanced AI chips, including those for Full Self-Driving, by 2029, ensuring a self-sufficient supply chain.

The announcement comes weeks after rival billionaire Mukesh Ambani announced a fifth giga factory as part of investment in low carbon energy.

Reliance Industries Ltd planned to commission its first solar giga-factory in the current fiscal. The plant aimed to manufacture 20GW of solar PV by 2024-25 and expand to 100GW by 2030. Reliance focused on establishing manufacturing facilities, renewable energy projects, and self-sufficiency through local supply chains. Partnerships in the clean energy space were also pivotal.

Billionaire Mukesh Ambani on Thursday announced a Rs 75,000 crore investment in setting up four 'Giga' factories to make solar photovoltaic cells, green hydrogen, batteries and fuel cells over the next three years.

On Thursday, when Reliance Industries Ltd’s chairman addressed shareholders virtually for the 44th Annual General Meeting (AGM) from the company’s manufacturing facility near Jamnagar, it was not without reason that he chose the location.

IBC is set to begin production at its new giga factory Unit in Bengaluru within nine months, investing Rs 390 crore and creating 300 jobs. The facility will manufacture lithium-ion cells locally for the first time in India, targeting small mobility solutions and future expansions. This project aims to boost Karnataka's economy, enhance advanced manufacturing, and reduce import dependency.

Relations between IG Metall and Tesla have been tense since the company opened the Gruenheide factory in 2022. The union has repeatedly criticised working conditions at the site and accused the company of withholding sick pay and carrying out covert redundancies, which it says are possible because there is no collective agreement covering employees.

Reliance Industries Ltd, whose offering of rock-bottom tariffs shook up the telecom industry, is looking to repeat the feat in the green energy business, where its billionaire chairman Mukesh Ambani sees promise to outshine all existing growth engines in 5-7 years.

Lithium-ion battery-based storage solutions will gain prominence and localisation of tailor-made cells for Indian conditions will play a vital role, both for automotive and energy storage applications (ESS), says Mahesh Godi, Founder and CEO, GODI India. "For the first time in Indian history, NMC811 21700, 3.65V-4.5Ah cylindrical cells were made-in-India & Made-for-India."