FYI: Tesla is making significant headway on its Shanghai Megafactory, set to mass-produce Megapacks by 2025.
Tesla Advances on Shanghai Megafactory Foundations
Tesla continues to forge ahead with its ambitious expansion plans, as new images reveal ongoing construction at its upcoming Megapack production facility in Shanghai. The project, notably referred to as the "Megafactory," is progressing with the early foundations now visibly taking shape.
Early Stages of Construction
Initiated in May, the Megafactory is strategically positioned near Tesla’s existing Gigafactory in Shanghai. Observations from social media influencer Tsla Chan on X have highlighted the significant advances made, showcasing the structural framework of the basic foundation just a couple of months into the construction phase.
Key Milestones Achieved
The initial site preparations began as early as March, following a ceremonial signing event held in December. Soon after, early materials and an electrical cabinet were delivered to launch construction. Furthermore, Tesla ramped up its hiring efforts last month, seeking to fill numerous positions in the Megapack unit to support the new facility.
Production Goals and Partnerships
Once the Shanghai Megafactory reaches full production capacity, it is expected to manufacture approximately 10,000 Megapacks annually. This aligns with the output of Tesla’s operational Megafactory in Lathrop, California, which is currently experiencing a production ramp-up. Notably, a June report states that the Shanghai facility will collaborate with BYD as its battery supplier, with production slated to commence in the first quarter of 2025.
Rapid Growth in Tesla’s Energy Sector
Tesla’s energy segment has witnessed remarkable growth this year. The company deployed a staggering 9.4 GWh of energy storage products in the second quarter alone, marking the highest quarterly deployment to date. Elon Musk had previously forecasted that the energy business’s growth rate would soon surpass that of Tesla’s automotive segment.
Highlighting the rapid expansion, Tesla announced several substantial energy storage projects in 2023. Among them is a colossal 15.3 GWh capacity project spread across three locations in Texas. Additionally, Tesla unveiled plans for another significant energy storage project at a former steam plant in San Bernardino County, California, announced last month.
Conclusion
Tesla’s strides in the energy sector are notable, and the developments at its Shanghai Megafactory mark an essential milestone in these efforts. Positioned to significantly boost production capacity, the new facility stands as a testament to Tesla’s ongoing commitment to accelerating the world’s transition to sustainable energy.
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Written by William Kouch, Editor of Automotive.fyi
