Tesla’s new megafactory in Shanghai has begun production. It’s the company’s first megafactory built outside of the U.S and showcases Tesla’s growing presence in China.
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00:00Tesla's new megafactory in Shanghai has begun production.
00:05It's the company's first megafactory built outside of the US,
00:08and is dedicated to manufacturing Tesla's grid-connectable stationary batteries, known as Megapack.
00:17Built in just eight months, it has an annual production capacity of 10,000 units,
00:22almost 40 gigawatt hours of energy storage.
00:30The capacity for Tesla-deployed energy storage systems is expected to grow at least 50% year-on-year
00:36once the Megapacks produced in Shanghai are put into use.
00:40The megafactory showcases Tesla's growing presence in China.