
California Governor Visits Tesla's Shanghai Gigafactory
On October 29th, Governor Gavin Newsom of California, who is currently visiting China, visited the Tesla Gigafactory in Shanghai.
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On October 29th, Governor Gavin Newsom of California, who is currently visiting China, visited the Tesla Gigafactory in Shanghai.
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.
On August 2, Shanghai enterprises and institutions environmental information platform showed the details of a construction project in which part C of the second stage of Tesla's Gigafactory Shanghai Project (Phase I) was completed.
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 released a report on April 2 indicating that in Q1, 2022, it delivered more than 310,000 vehicles globally, up by 67.7% compared with its delivery of 184,800 vehicles in the same period last year.
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.
Chinese new energy vehicle and battery giant BYD plans to invest 5 million yuan ($695,778) in an expansion project involving Shanghai BYD Co., Ltd. The eastern Chinese metropolis also hosts one of Tesla's Gigafactories in its Lingang New Area, Pudong District.
Tesla's Shanghai factory has adopted integrated die-casting technology to achieve rapid molding, reducing the cost of automotive underbody by 40%.
Tesla Shanghai Gigafactory's output capacity is reportedly at basically the same level as before the lockdowns, and it is expected to restore normal production in June.
Some Chinese web users recently claimed that Tesla would lower the terminal price of the China-made rear-wheel drive version Model 3 from its current price of 279,900 yuan to 219,900 yuan ($41,683 to $32,752). Tesla China denied the news.
Tesla is planning to resume the construction of its third phase automobile factory in Shanghai and will begin selling energy storage battery products produced in Shanghai next year.
Tesla China said on July 3 that it has to date opened more than 1,200 supercharger stations and over 8,700 super charging piles on the Chinese mainland, covering more than 370 cities and regions.