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"Tesla is charging ahead with Panasonic on plans for a giant new battery factory.\nThe two companies announced their plans on Thursday to open a new factory in the United States.\nSee also: The 12 Most Expensive Cars at the New York Auto Show\nNeither company has revealed where in the U.S. the facility might be built; the competition remains fierce.\nContenders reportedly include Stockton, California; Arizona; Nevada; and New Mexico.\nTesla says the factory would provide 6,500 jobs by 2020, which would be split among two major operations: producing batteries for Panasonic\u2019s operations and producing batteries for the packs Tesla uses in its vehicles.\nBy the time the factory is up and running, Tesla plans to crank out about 500,000 Model III cars per year. More details may be coming later on Thursday; Tesla is expected to report on its quarterly earnings after the markets close.\nHave something to add to this story? Share it in the comments.\n"^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2014/07/31/tesla-panasonic-gigafactory/>