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Tesla's Shanghai megapack battery plant launches production, Xinhua says

  • Tesla Inc.'s new battery factory in Shanghai has started production, as reported by Xinhua.
  • The plant produces Megapack energy-storage batteries and has an annual capacity of 10,000 units, each with around 3.9 megawatt-hours of energy, according to Xinhua.
  • The factory will supply both Chinese and overseas markets, as stated by Xinhua.
  • Competition in the domestic energy storage industry is intense, with companies like Contemporary Amperex Technology Co. And BYD Co. Ltd. Increasing production, according to Xinhua.
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  • 43% of the sources lean Left, 43% of the sources are Center
43% Center
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O Antagonista broke the news in São Paulo, Brazil on Thursday, February 6, 2025.
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