SHANGHAI, April 17 (Xinhua) -- U.S. carmaker Tesla Inc. will break ground in May on its new mega factory project capable of producing 10,000 Megapacks a year in Shanghai, the company has announced.
As Tesla's first energy storage mega factory project outside the U.S. market, it is expected to go into mass production in the first quarter of 2025.
The factory will initially produce 10,000 Megapack units every year, equal to nearly 40 GWh of energy storage.
Megapack is a powerful battery that provides energy storage and support, helping to stabilize the grid and prevent outages, according to details on Tesla's website.
In January 2019, Tesla broke ground on its Shanghai Gigafactory, becoming the first to benefit from a new policy allowing foreign carmakers to establish wholly owned subsidiaries in China.
The plant showed remarkable efficiency and delivered its first batch of made-in-China vehicles within a year.
(Editor:Fu Bo)
What's next for Iran after death of its president in crash?
LeBron scores 30, and the Lakers avoid 1st
Rewind. Fast forward. African farmers are looking everywhere to navigate climate change
Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
WADA invites 'independent prosecutor' to examine Chinese swimmers case
Maya Moore and Seimone Augustus headline Women's Basketball Hall of Fame induction ceremony
Now Europe copies Rishi on Rwanda: Slap in the face for self
Dodgers acquire pitcher Yohan Ramírez from Mets for cash
Amid talk of renationalising the railways, PETER HITCHENS' provocative view... The disastrous break
French sports minister calls for sanctions after Monaco player tapes over anti
World's best city can't have four more years of its worst