Gigafactory

A Gigafactory is a large manufacturing facility focused on producing high volumes of energy products, usually batteries or electric vehicle components, to meet growing demand. The term “Gigafactory” emphasizes its massive scale, often capable of manufacturing thousands of batteries per day, significantly reducing costs through economies of scale. Companies like Tesla build these factories to produce battery packs for electric cars and energy storage systems, aiming to accelerate the transition to sustainable energy. In essence, a Gigafactory is a massive, specialized plant designed to produce key parts efficiently on a very large scale.