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)
Direct flights resume between Chengdu, Auckland
Reggie Yates' fans send heartfelt congratulations after he delightedly shares baby news
Cambodia's famed Angkor attracts nearly 540,000 int'l tourists in first 9 months
Bill Zito has a new title with the Florida Panthers. He's now president of hockey operations
China and Indonesia call for cease
World awaits Chinese tourists' return
Travel rush has arrived as millions on the move
Abu Ghraib military contractor warned bosses of abuses 2 weeks after arriving, testimony reveals
22nd China Cultural Tourism Global Forum held in Shenzhen
Video: Escaped circus elephant stops traffic in Montana
Biden, Trump trade barbs during visits to swing state Georgia, U.S.