Tesla to build new Megafactory in Shanghai

Tesla announced on Sunday about the intention to build a new Megafactory energy storage plant in Shanghai. According to Xinhuaconstruction should begin in the third quarter of this year, and production – in mid-2024.

Megafactory factories produce Megapack stationary energy storage systems, which, in fact, are very large batteries. These batteries are used by operators to store excess energy in the grid to ensure uninterrupted electricity supply even in cases of increased power consumption or interruptions.

Now Tesla has only one plant Megafactory – in California, which is capable of producing 10 thousand batteries per year. The plant in Shanghai will have to produce the same amount.

Kirill Sarkhanyants