Big news, tech enthusiasts! 🚗💨 Tesla's cutting-edge energy storage megafactory in Shanghai is on track to wrap up construction by the end of this year, according to Tesla China.
Breaking ground just this past May, this factory isn't your everyday plant. It's dedicated to producing the company's massive energy-storage batteries, the Megapacks. These aren't typical batteries—they're game-changers in the energy storage world! ⚡🔋
Mark your calendars for early 2025 when mass production kicks off. The factory aims to roll out an initial 10,000 units annually, equating to a whopping 40 GWh of energy storage. That's enough juice to power countless homes and businesses, pushing us closer to a sustainable future. 🌍💚
Spanning over 200,000 square meters—that's like 28 soccer fields! 🏟️—this colossal project comes with an investment of around 1.45 billion yuan (about $199 million), according to the administration of Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone. Talk about going big or going home!
This megafactory marks Tesla's first of its kind built outside the United States and their second plant in Shanghai, following the gigafactory's debut in 2019. It's a testament to Tesla's commitment to innovation and global expansion, especially in the Chinese mainland's booming market.
With this mega move, Tesla isn't just making cars; they're powering the future. Get ready, world—the energy game is about to be electrified! ⚡🌟
Reference(s):
Tesla's Shanghai energy storage megafactory set to be completed
cgtn.com