CHINA-SHANGHAI-TESLA-NEW MEGA FACTORY PROJECT-LAUNCH (CN)

CHINA-SHANGHAI-TESLA-NEW MEGA FACTORY PROJECT-LAUNCH (CN)

(231222) -- SHANGHAI, Dec. 22, 2023 (Xinhua) -- Employees work at Tesla's Shanghai Gigafactory in east China's Shanghai, Dec. 22, 2023. U.S. carmaker Tesla Inc. officially launched its new mega factory project that is capable of producing 10,000 Megapacks a year in Shanghai, the company announced. A signing ceremony for land acquisition of the project was held on Friday morning in Shanghai, marking the official opening of what the company said a "milestone project." The new project 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. (Xinhua/Fang Zhe)

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