A very large battery cell plant, and the demand anchor a battery-metals project usually points to.
A large-scale manufacturing facility for lithium-ion battery production, originally coined by Tesla. Gigafactories require enormous quantities of battery metals (lithium, nickel, cobalt, graphite) and represent a key driver of demand for critical minerals.
Announced capacity and operating capacity differ substantially, and timelines slip. A project justifying itself with a pipeline of announced gigafactories is relying on forecasts, not offtake.
108 terms have their own page: the definition, why it matters to an investor, where it shows up in practice, and the mistake people make with it.