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Tesla’s Megapack factory in Shanghai begins trial production

Tesla’s energy storage Megafactory in Shanghai has commenced trial production of its Megapacks large-scale energy storage batteries, with full mass production expected by the first quarter of 2025.

The Shanghai Megafactory is Tesla’s first production site for Megapacks – its second facility in Shanghai – outside the United States, with an initial production capacity of 10,000 Megapacks per year.

Its construction began in May 2024 and trial production was achieved within seven months, exceeding previous project timelines.

This equates to approximately 40 gigawatt-hours of energy storage and represents a total investment of 1.45 billion yuan (around US$198.6 million), according to local authorities.

Tesla has not disclosed specific details regarding the commercialization of Megapacks produced at this new facility.

Recent Tesla developments

Timeline
21-Dec-2024 🚗 Tesla recalls almost 700k vehicles in US
  • Tesla recalls 694,304 vehicles for TPMS flaw
  • Fix via over-the-air update; 21% of US recalls
20-Dec-2024 📉 Tesla stock drops 5% amid sales slump, delays
  • Tesla shares fell 5% in premarket trading
  • EV sales in EU dropped 40.9% last November
20-Dec-2024 🚗 Tesla’s China factory head Song Gang resigns
  • Song Gang resigns as Tesla Shanghai manager
  • Fei Wenjin to temporarily handle his responsibilities
19-Dec-2024 📉 Tesla shares fall 8%, largest drop since November
  • Tesla shares drop 8% to $440.13, largest since Nov.
  • Shares up 75% since Election Day on Nov 5, 2024.
12-Dec-2024 🚀 Tesla stock breaks record at $415

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