US automaker Tesla announced it will open a new factory in the eastern Chinese megalopolis of Shanghai to produce its “Megapacks,” energy storage batteries used to stabilize power grids and prevent power outages.
Specifically, the new Tesla plant in Shanghai will have a production capacity of about ten thousand “Megapacks” each year, as revealed by the company on its official Twitter account, a social network of which its co-founder and CEO, Elon Musk, is now also owner.
The official Chinese news agency Xinhua pointed out that the works of the so-called “megafactory” will begin in the third quarter of this year, with a view to starting production -and its sale worldwide- in the second quarter of 2024.
Tesla already has one of these “megafactories” in Lathrop (California, United States), where it manufactures about 10,000 batteries each year, equivalent to a storage of about 40 gigawatt hours (GWh).
According to the company’s website, each “Megapack” can store more than 3 megawatt hours (MWh) of energy, “enough to supply an average of 3,600 homes for one hour.”
Tesla is developed in Shanghai
In 2019, Tesla opened its first “gigafactory” outside the United States in Shanghai, a plant from which they left more than 710,000 vehicles in 2022which, according to the official newspaper Global Times, accounts for slightly more than half of its sales globally.
Since 2019, the US firm has increased its investment in the Lingang free trade zone, the area of Shanghai where it locates its operations, expanding the production of its “gigafactory” and building additional facilities such as a production plant for its “superchargers”. for electric vehicles, Xinhua notes.
It is expected that, with the opening of the new Tesla factory, the value of the industrial hub in that area will exceed 100 billion yuan (13.341 billion euros), a local official said in statements quoted by the Chinese news agency. .
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