Reports: Tesla plans Shanghai factory for power storage

News > National News

Carbonatix Pre-Player Loader

Audio By Carbonatix

5:26 AM on Sunday, April 9, 2023

The Associated Press

BEIJING (AP) — Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported Sunday.

Plans call for annual production of 10,000 Megapack units, according to the Xinhua News Agency and state television. They said the company made the announcement at a signing ceremony in Shanghai, where Tesla operates an auto factory.

The factory is due to break ground in the third quarter of this year and start productions in the second quarter of 2024, the reports said.

Tesla didn't immediately respond to requests for information.

This content is used here with permission. To view the original visit: https://apnews.com/article/china-tesla-shanghai-factory-d0fa0dd2acaf45e124b2456a95ca5c44
 

You might also be interested in:

Sponsored Links

Trending Videos

Salem News Channel Today

On Air & Up Next

  • MN Score Radio's 'Ten Thousand Takes'
    12:00PM - 1:00PM
     
    Join hosts Eric Nelson and Wally Langfellow as they break down the all the sports news you need to know.
     
  • The Ramsey Show
    1:00PM - 4:00PM
     
    Millions listen to The Ramsey Show every day for common-sense talk on money.   >>
     
  • Investing & Trading Live
    4:00PM - 5:00PM
     
    The Investing & Trading Live Radio Show hosted by Josh and Al pulls back the   >>
     
  • Bloomberg Radio
    5:00PM - 6:00PM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Where You Live
    6:00PM - 7:00PM
     
    "Where You Live" with Gene Sullivan - The show that's all about owning, buying,   >>
     

See the Full Program Guide