Fri. May 3rd, 2024

A Tesla Megapack in Moss Touchdown, California

Andrew Evers | CNBC

Tesla will open a brand new Megafactory in Shanghai, China, that’s able to producing 10,000 Megapacks a yr, the corporate introduced in a tweet Sunday.

A Megapack is a really massive battery that shops power, helps stabilize the facility grid and prevents outages. These batteries allow grid operators to maneuver additional capability between counties or states and be sure that energy from intermittent sources could be saved and used when demand is increased, or when there are unplanned outages in a transmission community.

Tesla at present has a Megafactory in Lathrop, California, that’s able to producing 10,000 Megapacks items every year, in line with the corporate’s web site. In a tweet Sunday, Tesla CEO Elon Musk mentioned the manufacturing unit in China will complement output from the manufacturing unit in California.

The corporate is planning to start out setting up the manufacturing unit in the course of the third quarter of this yr, and it’ll intention to start out manufacturing round midway by 2024, the Chinese language state media outlet Xinhua reported Sunday from a signing ceremony in Shanghai.

Tesla and Musk didn’t instantly reply to requests for remark.

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