18 Sep 2025 | 3 Mins Read
TESLA and SRAM partner on $1 billion deal for 20 giga factories
Flipitmoney
TESLA Group a.s. and SRAM & MRAM Group partner for $1 billion deal to set up more than 20 giga factories worldwide, including five in India. The facilities will provide a large battery manufacturing and storage supply chain, employing up to 100,000 people, and support global efforts to meet the Paris Climate Accord's 1.5°C target.