Tesla’s Shanghai Gigafactory Restores Full Production

According to a Monday report by China Business Journal, Tesla China has said that since its Shanghai Gigafactory resumed work, it has produced more than 40,000 vehicles, with capacity utilization back to 100%.

According to STCN, Tesla’s Gigafactory Shanghai, the SAIC Passenger Car Factory in Lingang New Area and other automakers have all resumed double-shift work, and their production capacity has seen further increases. Meanwhile, leading by the major OEMs, the once-stagnant auto chain is also recovering. “Not only customers are anxious, we are also anxious, and the whole company is currently in a rush,” said the head of an auto parts supplier whose factory is located in Shanghai.

To help Tesla and other leading enterprises address the difficulties encountered in resuming work and production, the Shanghai Government has held special meetings many times, and the Lingang New Area also set up a working group with Tesla to coordinate all forces. “Each enterprise with its own policy” is adopted to coordinate all parties to ensure that the enterprises can resume work efficiently.

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Tesla has hundreds of suppliers all over China, as well as many overseas supply links. By driving and boosting key parts supply and warehousing and logistics, the relevant departments will drive the industry chains to resume work and production in coordination with Tesla’s resumption of work.

According to automobile sales data released by the China Passenger Car Association on June 9, Tesla’s wholesale quantity in May totaled 32,165 units, of which 22,340 were exported, and the pace of resumption of work and production accelerated. From January to May 2022, Tesla’s cumulative deliveries were 215,851 units, an increase of more than 50% year-on-year.

According to the China Passenger Car Association, from January to April this year, the total sales volume of new energy passenger car market in the world was 2.56 million units, while China’s market in the same period was 1.53 million units, accounting for nearly 60% of the global total. China has placed first in terms of production and sales for seven consecutive years, making it the largest new energy vehicle market in the world.