By Noel Young

A giant battery factory is planned by electric car maker Tesla which would allow it to sell as many as 500,000 vehicles a year.

A mass-market electric car capable ofl 200 miles on a single charge and priced starting at $35,000 could be one of the cars off the production line in 2017. The current model S sells for almost double -$69,000.

The California car firm yesterday revealed plans for the factory that would employ up to 6,500 people , cover 1,000 acres, and cost $5 billion, said the Wall Street Journal,

Solar and wind farms would at least in Read full story ›

Source: The Drum