Over 400 gigafactories in 2030 pipeline, but overcapacity fears loom

There are now 401 gigafactories planned to be in operation by 2030, representing almost nine terawatt hours of annual production capacity, according to Benchmark. The 400th gigafactory to be added to the pipeline is Tata Group’s £4 billion ($5.2 billion), 40 gigawatt-hour UK-based facility due to begin production in 2026. While the pipeline highlights the […]