Tesla Officially Breaks Ground at Megafactory in China
Tesla has officially broken ground on its new Megafactory project to build Megapacks for energy storage in ChinaTesla has officially broken ground on its new Megafactory project to build Megapacks for energy storage in China.
Electrek 11:54 pm on May 23, 2024
Fred Lambert reports that Tesla has broken ground on its new Megafactory in China, with an aim to increase energy storage deployment and reduce logistical costs. The production is delayed but expected to start by Q1 2025, targeting a capacity of around 40 GWh per year.
- Megafactory Construction: Tesla has begun groundwork for its new Megafactory in Shanghai, China.
- Energy Storage Expansion: The factory aims to boost global energy storage deployment and shifts production from the US.
- Logistics Reduction: Facility will reduce transportation costs by servicing Asia-Pacific region's megapack projects.
- Production Timeline Adjustment: Initial production start date moved from Q2 2024 to early Q1 2025 due to delays.
- Megafactory Capacity: Targeting an annual output of approximately 40 GWh energy storage.
https://electrek.co/2024/05/23/tesla-officially-breaks-ground-megafactory-china/