Tesla's Shanghai Megafactory will produce 10,000 Megapacks annually, enhancing energy storage and stabilizing power in large cities.

Tesla will complete construction of its first overseas factory for making Megapack lithium-ion battery units in Shanghai by the end of this month, and

SHANGHAI : US carmaker Tesla’s megafactory in Shanghai is expected to complete construction by the end of this year, according to Tesla China, as reported by Xinhua. The factory, which broke ground in late May, will be dedicated to manufacturing the company’s energy-storage batteries, Megapack.

Tesla China has announced that the US electric vehicle maker is slated to complete the build of its new Megafactory in Shanghai by the end of this year. The facility, which began construction in late

Tesla's Megafactory in Shanghai will likely manufacture Megapack, which is the company's energy-storage battery.

Tesla's Shanghai Megafactory in Lingang is on track for completion by the end of 2024, with production anticipated to start in the first quarter of 2025, underscoring the company's commitment to rapid expansion in energy storage manufacturing.