LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Tesla makes progress on new Megafactory, shares render of final plant

Robert Frost by Robert Frost
August 20, 2024
in Industries
Tesla makes progress on new Megafactory, shares render of final plant
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Tesla is making progress on its new Megafactory in Shanghai, China, and it shared a render of the planned final plant.

The Megafactory in Lathrop, California, was Tesla’s first dedicated factory to produce Megapacks, which were previously produced at Gigafactory Nevada.

You might also like

Iraq pledges to end $4 billion gas imports from Iran by 2028 as it races to diversify beyond oil

Ford slashes F-150 Lightning prices by up to $4,000 and bumps up the range

US, Europe, and China drive global EV boom to record highs

It is still ramping up to its full capacity of 40 GWh worth of Megapacks, a battery pack for utility-scale energy storage projects, but it has already helped Tesla break new records of energy storage deployment almost every quarter.

Last year, Tesla announced a plan to replicate the Megafactory in China through a deal with Shanghai’s Lingang authorities.

The project had an official signing ceremony late last year.

When first announcing the factory, Tesla aimed at starting construction during the second half of 2023 and production in Q2 2024.

However, the project suffered some delays.

Earlier this year, Tesla officially broke ground for the project and said that it is now aiming for production to start in the first quarter of 2025, which is still a fairly aggressive timeline.

Grace Tao-Lin, Tesla VP of China, shared an update on the project today on Weibo (translated from Chinese):

Now, Tesla’s first energy storage Gigafactory outside the United States is also speeding up construction, with a progress of about 45%, striving to run at the “Tesla speed” and “Lingang speed” again.

The executive says that the plant is about 45% complete and she shared this picture of the progress:

She also shared the first render of the planned final Tesla Megafactory Shanghai:

It shows a fairly large plant covered with solar panels.

Tesla has previously disclosed that it plans for this Megafactory to also have a capacity of about 40 GWh, which should almost double Tesla’s total stationary energy storage production capacity.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

Trump vs. Harris: Here’s how the election could affect your taxes

Next Post

Hyundai will launch an electric Santa Fe and new EV pickup for the US, but there’s a catch

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Iraq pledges to end  billion gas imports from Iran by 2028 as it races to diversify beyond oil
Industries

Iraq pledges to end $4 billion gas imports from Iran by 2028 as it races to diversify beyond oil

October 15, 2025
Ford slashes F-150 Lightning prices by up to ,000 and bumps up the range
Industries

Ford slashes F-150 Lightning prices by up to $4,000 and bumps up the range

October 15, 2025
US, Europe, and China drive global EV boom to record highs
Industries

US, Europe, and China drive global EV boom to record highs

October 15, 2025
First-ever Jeep extended range EV, Mazda gets in the price war, and antique hybrids
Industries

First-ever Jeep extended range EV, Mazda gets in the price war, and antique hybrids

October 14, 2025
Next Post
Hyundai will launch an electric Santa Fe and new EV pickup for the US, but there’s a catch

Hyundai will launch an electric Santa Fe and new EV pickup for the US, but there's a catch

Related News

Faulty streetlights a result of chronic underfunding for councils, Lib Dems claim

Faulty streetlights a result of chronic underfunding for councils, Lib Dems claim

April 29, 2023
25% of consumers recently used a buy now, pay later loan, report finds. What to know as they become popular

25% of consumers recently used a buy now, pay later loan, report finds. What to know as they become popular

May 28, 2024
FTSE 100 Live: JD Sports reassures on tariffs, Saga upbeat

FTSE 100 Live: JD Sports reassures on tariffs, Saga upbeat

September 24, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?