Is it time to say goodbye to gas peaker plants? Tesla is making moves in Shanghai with a new Megafactory capable of producing 10,000 Megapack batteries per year. Tesla sustainability
the marque has mapped out a way to slash the price of its next generation of vehicles in half. The manufacturer will use innovative manufacturing techniques and smaller factories to cut the cost of new-gen cars to $25,000, Musk explained during an investor day live stream in Austin, Tex., last March. Tesla generates most of its money from its electric cars, but Musk has committed to growing its solar energy and battery businesses to roughly the same size.
With the new Shanghai plant, Tesla will be able to capitalize on China’s world-leading battery supply chain to ramp up production of the Megapack while lowering the cost of the unit. In turn, it will help meet the rising demand for energy storage globally. It seems the most recent expansion is all a part of Tesla’s master plan. The marque
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Tesla is building a Megapack factory in Shanghai | EngadgetOnce the facility is complete next year, Tesla says it will produce 10,000 Megapacks annually..
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Tesla to build 'Megafactory' in Shanghai for 'Megapack' batteriesTesla plans to initially produce 10,000 Megapack units a year at the factory.
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Tesla to build Shanghai gigafactory to make energy storage product - XinhuaTesla Inc will build a gigafactory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday.
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