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{"id":31507,"date":"2023-05-09T22:23:43","date_gmt":"2023-05-09T22:23:43","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/05\/09\/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025\/"},"modified":"2023-05-09T22:23:45","modified_gmt":"2023-05-09T22:23:45","slug":"teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/05\/09\/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025\/","title":{"rendered":"Tesla\u2019s new Texas lithium refinery to support 1M electric vehicles by 2025"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/08\/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025\/<\/a><\/br>
\nTesla\u2019s new Texas lithium refinery to support 1M electric vehicles by 2025<\/br>
\n2023-05-09 22:23:43<\/br><\/p>\n

\n
\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n
\n

Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium.<\/p>\n

CEO Elon Musk said the refinery will produce enough battery-grade lithium for 1 million electric vehicles by 2025, which would make Tesla the largest processor of lithium in North America. Tesla will continue to rely on existing suppliers like Albermarle and Livent as it aims to reach its 2023 sales goal of around 1.8 million cars globally<\/a>.<\/p>\n

Lithium is the key critical material in lithium-ion batteries that power the electric vehicle revolution. Today, the U.S. produces just 1% of the world\u2019s lithium, with Australia, Chile and China leading the way. The Biden administration\u2019s EV tax credit<\/a> aims to spur more domestic battery material sourcing and production and reduce the U.S.\u2019s reliance on China, which hosts 60% of the world\u2019s lithium refining capacity<\/a> and nearly 80%<\/a> of the world\u2019s lithium-ion battery production capacity.<\/p>\n

\u201cAs we look ahead a few years, a fundamental choke point in the advancement of electric vehicles is the availability of battery-grade lithium,\u201d said Musk, during the ground-breaking ceremony outside of Corpus Christi.<\/p>\n

The CEO drove up to the event in a Cybertruck complete with a roof rack accessory<\/a> that caught the attention of industry watchers. Government officials such as Texas Governor Greg Abbott, Nueces County Judge Connie Scott and Deputy Assistant Secretary at the U.S. Dept. of Energy Kathleen Hogan attended the event.<\/p>\n

Musk said the company aims to finish construction on the refinery next year, with full-scale production slated for 2025. The executive described the timeline as \u201cextremely fast by normal standards.\u201d That may be true, but it\u2019s slower than Tesla had originally projected. During Tesla\u2019s Investor Day in March, Drew Baglino, senior vice president of powertrain and energy engineering, said the company aimed to have the refinery operational by the end of this year and start production early next year.<\/p>\n

Baglino also said at the time that the refinery would have a 50 gigawatt-hour per year capacity, something Musk did not confirm during Monday\u2019s event.<\/p>\n

During Investor Day, Musk also encouraged other startups to get involved in refining lithium, which he likened to \u201cminting money.\u201d<\/p>\n

\u201cWe\u2019re doing it because we have to, not because we want to,\u201d Musk said previously.<\/p>\n

Tesla will invest $375 million to build the facility, according to filings<\/a> with the Texas Comptroller. The refinery is Tesla\u2019s latest expansion into Texas, which began when the company moved its headquarters<\/a> to the state from California in 2021. The automaker invested nearly $6 billion into its Austin gigafactory last year. In January, Tesla said it planned to invest another $770 million<\/a>\u00a0to expand the factory to include cathode and drive unit manufacturing and a battery cell testing site.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/05\/08\/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/08\/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025\/ Tesla\u2019s new Texas lithium refinery to support 1M electric vehicles by 2025 2023-05-09 22:23:43 Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. CEO Elon Musk said the refinery will produce enough battery-grade lithium for 1 million electric vehicles by 2025, which […]<\/p>\n","protected":false},"author":1,"featured_media":31508,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-31507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nTesla\u2019s new Texas lithium refinery to support 1M electric vehicles by 2025 - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/05\/09\/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla\u2019s new Texas lithium refinery to support 1M electric vehicles by 2025 - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/05\/08\/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025\/ Tesla\u2019s new Texas lithium refinery to support 1M electric vehicles by 2025 2023-05-09 22:23:43 Tesla officially broke ground Monday on a Texas lithium refinery, making it the only U.S. automaker to refine its own lithium. 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