Reports surfaced recently that American electric vehicle (EV) firm Tesla would establish another production facility in the northeastern Chinese city of Shenyang – this has been denied by Tesla.
Tesla had reportedly removed an electronic control unit in the steering system of its Model 3 and Y vehicles made in Shanghai, in order to cope with the ongoing global chip shortage.
According to the 10-K annual report submitted by automaker Tesla to the the US Securities and Exchange Commission (SEC) on Tuesday, the firm's revenue in the Chinese market reached an impressive $13.844 billion in 2021.
Contemporary Amperex Technology Co., Limited (CATL)'s latest lithium-ion battery factory being built has now started production in Shanghai.
Tao Lin, Vice President of Tesla Global, said in an interview that Tesla's Shanghai Gigafactory can achieve the goal of producing 500,000 vehicles this year.
The Public Access Platform to Corporate and Institutional Environmental Information of Shanghai published Tesla's EIA report for its production line optimization project in the second stage of the Shanghai Super Factory (Phase I).
Tao Lin, Vice President of Tesla China, asserted via the country's Twitter-like platform Weibo on Wednesday that news circulating on the internet about the potential site of the firm's second factory in the country is not true.
On October 21, Tesla announced in its Q3 earnings conference call that China remained Tesla's main export center throughout the quarter.
Tesla CEO Elon Musk commented on the news via his Twitter feed: "Tesla always pays its debts," which indirectly confirmed the news.
Tesla's Shanghai factory is expected to produce 300,000 cars within the first nine months of the new year, capped by a delivery rush in the end of the July-September quarter.
According to data released by the China Passenger Car Association on Wednesday, Tesla's sales reached 44,264 domestically produced units in August, up 275% year-on-year.
Tesla has completed its charging pile production project in Shanghai, China. The project was officially completed on August 20 and had tests conducted from August 21 to September 25.
As of August 23rd, Tesla has officially started to deliver to Europe the Model Ys produced in its Giga Shanghai factory.
California-based electric car company Tesla Inc. released its 2021 second quarter financial report on Tuesday, showing promising developments for its manufacturing and sales performance in the Chinese market.
Tesla told Chinese consumers that cameras installed in its cars aren’t activated outside of North America, in response to privacy concerns about sensitive data being collected by in-cabin cameras and shared with the US automaker.
On Aug. 24, Tesla China’s official website quietly launched another localized Model Y with the pre-sale price ranging from 488,000 yuan to 535,000 yuan.