Tesla's Shanghai energy storage factory is about to start production, which is expected to stir up the energy storage market

Tesla's energy storage factory in Shanghai is about to be completed and start production, which will be a major impact on the global energy storage market. The factory has an investment of about 1.45 billion yuan, covers an area of ​​about 200,000 square meters, and mainly produces Megapack energy storage batteries. It is expected to achieve mass production by the first quarter of 2025, with an initial annual production of 10,000 commercial energy storage batteries and an energy storage scale of nearly 40GWh.