Tesla Shanghai Megafactory in China officially starts construction
The Shanghai Megafactory, which will produce Megapack batteries, will join Giga Shanghai as Tesla China’s main production facilities in the country. As noted in a CNEV Post report, the upcoming Megapack factory is situated in the Lingang area, close to Gigafactory Shanghai. The Shanghai Megafactory complex covers about 200,000 square meters (49.4 acres).TESLARATISimon Alvarez in News1 day agoTesla Shanghai Megafactory in China officially starts constructionCredit: Tesla ChinaTesla has officially started the construction of its highly anticipated Shanghai Megafactory on May 23, 2024. The Shanghai Megafactory represents the electric vehicle maker’s first dedicated energy storage facility outside the United States.The Shanghai Megafactory, which will produce Megapack batteries, will join Giga Shanghai as Tesla China’s main production facilities in the country. As noted in a CNEV Post report, the upcoming Megapack factory is situated in the Lingang area, close to Gigafactory Shanghai. The Shanghai Megafactory complex covers about 200,000 square meters (49.4 acres).Tesla senior vice president Tom Zhu noted that the Shanghai Megafactory will play a critical role in the company’s global battery storage strategy. And considering that the Megapack is designed for grid use, the upcoming facility is poised to play a notable role in the world’s transition to sustainable energy. The Shanghai Megafactory also stands as the newest high-profile investment from the electric vehicle maker in the ten years since the company entered the Chinese market.The Shanghai Megafactory is expected to have an annual capacity of 10,000 Megapack batteries, which translate to about 40 GWh worth of energy storage. Such a number of Megapack batteries could power 50,000 Shanghai homes for a year, Zhu noted. The executive also stated that the Shanghai Megafactory is expected to start its production of Megapack batteries in the first quarter of 2025, less than a year from today.
- Forums
- ASX - By Stock
- General Discussion Topics
Tesla Shanghai Megafactory in China officially starts...
-
- There are more pages in this discussion • 4,514 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $329.3M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.2¢ | $856.6K | 25.87M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 7385050 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 743714 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
44 | 7335050 | 0.032 |
35 | 10234270 | 0.031 |
52 | 10563135 | 0.030 |
44 | 6765893 | 0.029 |
43 | 11320277 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 743714 | 3 |
0.034 | 5580289 | 15 |
0.035 | 5024400 | 9 |
0.036 | 9186752 | 20 |
0.037 | 17457731 | 39 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online