Tesla to Build a New Battery Manufacturing Facility in Shanghai

New factory is expected to create an industrial cluster valued at $14.5 billion

April 12, 2023

/ Electric Vehicles, Energy Efficiency, Finance and M&A,

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Electric vehicle maker Tesla said it will build a new gigafactory in Shanghai, exclusively focused on producing the firm’s energy storage product Megapack. The company announced the move publicly on Twitter.

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Gautamee Hazarika

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Tesla to Build a New Battery Manufacturing Facility in Shanghai

Continue Reading with Premium Access

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