Tesla ups investment in boost to Berlin battery cell production

BERLIN, May 12 (Reuters) - ‌U.S. ​electric ​vehicle maker Tesla will increase its investment in battery cell ‌production at its plant outside Berlin by ⁠almost $250 million, boosting its capacity target for ‌the site, the company ‌said on Tuesday.

Tesla announced in December investments amounting to almost 1 billion ​euros ($1.2 billion) at the site in Gruenheide, south-east of the German capital, ⁠as it seeks to bring battery cell and vehicle ​production all under one roof from next year.

With the latest investment, ​Tesla plans to create ‌the conditions for annual production capacity of 18 gigawatt hours, ⁠up from a previously planned 8 GWh.

"The ramp-up of battery cell production will ⁠also be accompanied by a significant increase in ​labour demand," the company said in a statement, estimating its staffing needs in battery cell ‌production at more than 1,500 employees.

Tesla currently employs almost 11,000 people ‌in Gruenheide, the company's only gigafactory ⁠in Europe.

($1 = 0.8519 ‌euros)

(Reporting by ​Christoph Steitz and Rachel More; Editing by Linda Pasquini and Emelia ‌Sithole-Matarise)

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