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Tesla to commence a fresh Megafactory in Shanghai, China, company says

A Tesla Megapack in Moss Landing, California

Andrew Evers | CNBC

Tesla will commence a fresh Megafactory in Shanghai, China, that’s able to producing 10,000 Megapacks a year, the corporate announced in a tweet Sunday.

A Megapack is a surely big battery that shops vitality, helps stabilize the energy grid and prevents outages. These batteries enable grid operators to circulate extra capability between counties or states and get accelerate that energy from intermittent sources might per chance per chance per chance even be saved and dilapidated when ask is bigger, or when there are unplanned outages in a transmission network.

Tesla for the time being has a Megafactory in Lathrop, California, that’s able to producing 10,000 Megapacks models yearly, in maintaining with the company’s online page. In a tweet Sunday, Tesla CEO Elon Musk said the manufacturing facility in China will complement output from the manufacturing facility in California.

The corporate is planning to commence developing the manufacturing facility at some stage within the third quarter of this year, and this could per chance per chance purpose to commence manufacturing round halfway through 2024, the Chinese state media outlet Xinhua reported Sunday from a signing ceremony in Shanghai.

Tesla and Musk didn’t straight acknowledge to requests for comment.

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