Tesla planning another factory in Shanghai to meet increasing demands  

Tesla is reportedly planning to build a second plant in Shanghai as the EV major is aiming to more than double its production in China. As per a Reuters report, Tesla is aiming to start the construction as soon as next month.

File photo of Tesla Shanghai gigafactory.
File photo of Tesla Shanghai gigafactory.

Once the company constructs the factory and it becomes fully operational, the capacity of the EV brand will go up to 2 million cars per year at its expanded Shanghai facility which is its main export hub, informed sources. Tesla's new factory will be located in the vicinity of its existing production base in Lingang, Pudong New Area.

Also Read : Tesla Semi could get automatic tyre inflation technology, suggests new patent

If successful, this expansion move will bring the EV company at par with other established automakers in the world's largest automotive market. Tesla will compete with automakers such as Toyota which manufactured around 1.6 million vehicles in China last year. General Motors along with its Chinese partner SAIC Motor Corp produced 1.4 million vehicles in China in 2021. Volkswagen may become a prominent competitor of Tesla as the auto major has plans to manufacture 1 million EVs in China by 2023.

Also check these Cars

Find more Cars
Tesla Model 3 (HT Auto photo)
UPCOMING
₹70 - 90 Lakhs* *Expected Price
View Details
It's Quiz Time ! Can you guess the Car Logos?
PLAY NOW
Mercedes-benz Eqe (HT Auto photo)
UPCOMING
₹70 - 90 Lakhs* *Expected Price
View Details
Tesla Model S (HT Auto photo)
UPCOMING
₹70 Lakhs - 1 Cr* *Expected Price
View Details
Mercedes-benz Eqb (HT Auto photo)
₹74.5 Lakhs**Ex-showroom price
Add to compare
Check latest offers
Lexus Ux 300e (HT Auto photo)
UPCOMING
₹75 - 85 Lakhs* *Expected Price
View Details
Bmw X5 (HT Auto photo)
₹75.5 - 90.9 Lakhs**Ex-showroom price
Add to compare
Check latest offers

Also Read : Tesla faces scrutiny by German regulators over Autopilot feature

Tesla's current plant in Shanghai called Gigafactory 3 started production in less than a year after breaking ground. The factory makes the popular Tesla Model 3 sedans and the Model Y crossovers. These expansion steps will ready the company's existing factory as it is aiming to build around 1 million vehicles this year, mentioned two sources in the report. Tesla has plans to increase its weekly production by 22,000 electric vehicles at the factory in the coming months. Thus, the production rate will come up to 1.1 million vehicles over a year, more than double the plant's original projected capacity.

First Published Date: 25 Feb 2022, 13:01 PM IST
Recommended for you
View all
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing…
Rs. 269 Rs. 604
21% OFF
Involve Your Senses One Musk Organic Car Perfume, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g,Car Accessories interior car perfumes and fresheners
Rs. 315 Rs. 399
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
65% OFF
ELV Car Mount Adjustable Car Phone Holder Universal Long Arm, Windshield for Smartphones - Black
Rs. 349 Rs. 999

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city