?? Reno, NV is Revving Up as the Next Battery, Data Center and EV Powerhouse ??
The western United States is witnessing a seismic shift in the landscape of manufacturing and innovation. Reno, Nevada, is at the epicenter, rapidly transforming into a hub for battery manufacturing and electric vehicles (EVs).
?? Battery Manufacturing Boom: Reno is home to Tesla's Gigafactory 1, a colossal facility that's not just setting the pace for battery production but redefining the limits of what’s possible in sustainable energy storage. And it’s not just Tesla—other key players are taking note and investing heavily in the area.
?? Electric Vehicle Evolution: The region is becoming a breeding ground for EV advancements, fueling a movement that challenges traditional automotive norms. With innovative startups joining forces with established giants, Reno is crafting the blueprint for the future of transportation.
?? Data Center Demand: Companies like Google, Apple, Switch, Tesla, Tract, Edgecore, PowerHouse, Novva and more all have Data center operations in the market because of Reno's power availability, climate, elevation, water, and fiber connectivity.
Our group currently has several developments in the retail and industrial sectors in the Reno market and are long term believers.
DM us to find out how to work together in either industrial or retail on a ground up or value add investment strategy. We are always looking for deals, tenants, partners, and continued progression of our relationships. #Reno #industrial #realestateinvesting #manufacturing
Big news for Northern Nevada!?
We’re thrilled to announce that Lyten is investing $1 billion to build the world’s first lithium-sulfur battery gigafactory right here in our region: https://lnkd.in/gf2xU98z
This transformative project will strengthen our position as a leader in innovation, while creating hundreds of new jobs and exciting opportunities for our community.
#NorthernNevada #TechHub #EconomicDevelopment
Lyten, Nevada Governor's Office of Economic Development (GOED), Reno-Tahoe Airport Authority, Dermody Properties, University of Nevada, Reno, Truckee Meadows Community College
PRESS RELEASE: Lyten Announces Plans to Build the World’s First Lithium-Sulfur Battery Gigafactory in Nevada
https://lyten.com