China energy storage super factory

Will Tesla produce energy-storage batteries in China?

American electric automaker Tesla’s plans to produce energy-storage batteries in China moved forward on Friday, Dec. 22, 2023, with a signing ceremony for the land acquisition in Shanghai, China’s state media said. (Liu Ying/Xinhua via AP, File)

Is Tesla building a new megafactory in China?

Tesla has received a construction permit for a new megafactory in China in the Lingang area of the China (Shanghai) Pilot Free Trade Zone, marking a significant expansion of its global manufacturing capabilities.

How many megapacks will China produce a year?

The new project, located in the Lingang new area of the China (Shanghai) Pilot Free Trade Zone, is scheduled to break ground in the first quarter of 2024 and start production in the fourth quarter. The factory will initially produce 10,000 Megapack units every year, equal to nearly 40 GWh of energy storage. The products will be sold worldwide.

What is Tesla's first energy storage mega factory?

Tesla's first energy storage mega factory outside the U.S. market, located in Lingang, is Tesla's first energy storage mega factory and is set to begin mass production in the first quarter of 2025. This facility is expected to produce 10,000 Megapack units annually, which translates to nearly 40 GWh of energy storage capacity.

Will Shanghai help Tesla build a new factory?

Wu Xiaohua, a Shanghai government official, said at the commencement ceremony Thursday that the city would assist Tesla in finishing the construction and putting the factory into operation “as soon as this year.” Musk met with Chinese premier Li Qiang during his visit late last month.

Is China a major market for energy storage?

China is also by far the world leader in installing wind and solar capacity, making it a major market for energy storage. The Associated Press is an independent global news organization dedicated to factual reporting.