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On May 23, 2024, the building site for the Tesla Megapack battery manufacturing plant in Shanghai, China, will open.
Despite escalating trade tensions, Tesla is constructing a massive battery facility in Shanghai.
Just a few weeks after CEO Elon Musk made an unexpected trip to China in an attempt to boost the automaker’s declining sales, Tesla began construction on a new manufacturing facility in Shanghai on Thursday.
The factory’s goal is to start producing in the first quarter of 2025. It was revealed in April of last year. According to a statement released by Lingang Group, the government-owned developer of the area where the plant is located, it will have the capacity to produce 10,000 megapacks annually, which are extremely large batteries used to store massive amounts of electricity.
The battery project will be close to Tesla’s Shanghai Gigafactory, which produces about one million cars annually and is the company’s largest unit outside of the US.
