Tesla Shanghai energy storage project launched

Tesla's Shanghai Energy Storage Super Factory project was successfully signed in the Lingang New Area of ​​Shanghai. The project plans to produce ultra-large commercial energy storage batteries (Megapack) and supply them to the global market. The factory is scheduled to be put into production in the fourth quarter of 2024, with an initial annual production capacity of 10,000 commercial energy storage batteries and a storage capacity of nearly 40GWh.