Tesla starts production at its new Shanghai factory, specializing in large-scale battery packs.

Tesla has commenced production at its new Shanghai battery Megafactory, which specializes in manufacturing Megapacks, large-scale energy storage systems. Covering about 200,000 square meters and with an investment of 1.45 billion yuan ($202 million), the factory aims to produce 10,000 Megapacks annually. Tesla anticipates a 50% year-on-year increase in energy storage deployments in 2025. The rapid construction and launch of the factory within eight months highlight Tesla's growing confidence in the Chinese market.

6 weeks ago
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