Tesla to open up a new Megafactory in Shanghai, China, enterprise suggests

Tesla to open up a new Megafactory in Shanghai, China, enterprise suggests


A Tesla Megapack in Moss Landing, California

Andrew Evers | CNBC

Tesla will open a new Megafactory in Shanghai, China, that is able of developing 10,000 Megapacks a year, the firm declared in a tweet Sunday.

A Megapack is a quite big battery that retailers energy, aids stabilize the electricity grid and stops outages. These batteries empower grid operators to go more capacity between counties or states and ensure that energy from intermittent sources can be saved and made use of when need is larger, or when there are unplanned outages in a transmission community.

Tesla now has a Megafactory in Lathrop, California, that is capable of creating 10,000 Megapacks models each yr, according to the firm’s site. In a tweet Sunday, Tesla CEO Elon Musk mentioned the manufacturing facility in China will supplement output from the manufacturing unit in California.

The business is arranging to get started developing the factory for the duration of the 3rd quarter of this yr, and it will aim to start off production around midway as a result of 2024, the Chinese condition media outlet Xinhua described Sunday from a signing ceremony in Shanghai.

Tesla and Musk did not straight away react to requests for remark.





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