What is it?
In my own definition, I would say, it is a bigger part of the new world and the sooner we start embracing it the better our lives will be. A Gigafactory is a lithium-ion battery farm primarily for Tesla.Inc. It is currently under construction and upon its completion, it is expected to produce an annual battery power of 35GWh (Gigawatts hour).
This is said to be equivalent to the world’s total battery power currently. Aside from its enormous size (more than 5million square feet), it is said that this amazing renewable energy farm could do more than just provide batteries for future models of the tesla electric cars. It could serve as a source of electricity for a country as a whole. This is the part that gets me excited. Imagine how this can solve electricity issues in countries like Nigeria or Ghana. Would that not be a game changer? Plus it will contribute no or less to global warming as compared to fossil fuels.
Below is a clearer definition of what the Gigafactory is and represents. Please enjoy