Tesla to build Megapack factory in Shanghai

Tesla will build a Megapack factory in Shanghai, which is against US policy.

Tesla has big ambitions. And to achieve its increasingly important goals, the company must equip itself with an ever larger infrastructure. This includes building factories. And in this small game, Elon Musk’s company has proven itself well. In a few months, the company will start a new major project, the Megapack plant in Shanghai.

Tesla to build Megapack factory in Shanghai

Tesla is really preparing to launch a new project, more precisely a new battery factory. It was this Sunday that the automaker announced that it would begin construction on the Megapack plant in the coming months. Once this is completed, which should be sometime in the second half of 2024, it will be able to produce at least 10,000 mega-packs per year. Each container-sized battery can store enough energy to power approximately 3,600 homes for one hour. Tesla told Bloomberg that it intends to sell Chinese-made Megapacks worldwide. The company has already built facilities for Megapacks in various locations around the world, including Texas and South Australia.

A decision that goes against current American policy

Thus, the announcement this Sunday suggests that Tesla is increasing its dependence on China at a time when the United States is using various levers, including economic ones, to encourage automakers, but not only, to produce more of their products in the national territory. Late last month, the US Treasury released updated guidance detailing which electric vehicles are eligible for the $7,500 grant under the Inflation Reduction Act. Under the new guidelines, the department explains that companies must use materials for their car batteries that come from the United States or other approved trading partners if they wish. to make their cars useful. Moreover,

Tesla opens Shanghai Megapack plant to complement California Megapack plant https://t.co/hDpqoyNeOx

— Elon Musk (@elonmusk) April 9, 2023