Tesla's Shanghai factory to open next year

Business | Technology 12/6/2018, 6:37 AM
Tesla's Shanghai factory to open next year

Tesla Inc. will start partial production at its new factory in Shanghai, China in the second half of next year, the Shanghai government said on its WeChat account. "We will carefully observe the great demand for Tesla’s vehicles, encourage the company to ensure the safety and quality of engineering and encourage the acceleration of factory construction," said the city's Mayor Ying Yong during a visit to the site.

Tesla bought the plot for the Gigafactory 3 in October, which will make its Model 3 intended for Chinese consumers, avoiding tariffs. The facility should have a capacity of around 250,000 vehicles and batteries per year, with plans to increase production later.

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