Electrical car maker Tesla has begun building of a manufacturing facility in Shanghai to make its Megapack vitality storage batteries, Chinese language state media reported Thursday.
The $200 million plant in Shanghai’s Lingang pilot free commerce zone would be the first Tesla battery plant exterior the US.
Tesla opened an EV plant in Shanghai in 2019 that assembles automobiles for China, Europe and different abroad markets. It’s the No. 2 vendor within the booming Chinese language marketplace for electrical automobiles. The market chief is Chinese language auto firm BYD.
The state-run Xinhua Information Company lauded Tesla’s dedication to investing in China and “defying the rhetoric of ‘decoupling’ and ‘de-risking’ from China.”
It mentioned the manufacturing facility was slated to begin mass manufacturing in early 2025, with an preliminary capability of 10,000 Megapack items a 12 months.
In line with Tesla’s web site, every Megapack can retailer greater than 3.9 megawatt hours of vitality—sufficient to energy a mean of three,600 houses for one hour. They’re designed primarily for utility firms and business services.
Such storage items have change into more and more vital with the expansion in photo voltaic and wind vitality, which solely generate electrical energy when climate circumstances are favorable and must retailer it for when residential and business customers want it.
China is by far the world chief in putting in wind and photo voltaic capability, making it a serious marketplace for vitality storage.
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EV maker Tesla breaks floor on Megapack vitality storage battery manufacturing facility in Shanghai (2024, Might 23)
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