Tesla Shanghai plant Model 3 has an initial weekly output of 3000 vehicles.

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 Tesla Shanghai plant Model 3 has an initial weekly output of 3000 vehicles.


The electric car maker said it would then boost production of Model 3 cars to about 10,000 a week.

Tesla also expects to increase the production speed of Model 3 at its Fremont, California, plant, which produces about 7,000 Model 3 cars a week.

China is the largest market for electric vehicles. According to the China Automobile Industry Association, sales of new energy vehicles increased 54.8% in September and reached 721,000 in the first nine months of this year by 81.1%. Most forecasters predict that sales of electric vehicles in China will grow rapidly as the Chinese government is pushing ahead with its plan to achieve full popularity of electric vehicles by 2030.

Reuters reported in mid-October that Tesla had signed an agreement with the Shanghai Municipal Government to acquire an area of 860,000 square meters to build the companys first car super factory outside the United States, Gigafactory.

In July, Tesla signed an agreement with the Shanghai Municipal Government to build its first factory outside the United States in Shanghai. The move will double Teslas global manufacturing capacity and help reduce the price of its automotive products in China, the worlds largest automotive market. The agreement shows that Teslas Shanghai plant will have an annual capacity of 500 thousand electric vehicles. In a statement, Robin Ren, Teslas vice president for global sales, said after acquiring the plot of Shanghais factory, that acquiring this plot in Shanghai will enable Tesla to build its first Gigafactory outside the United States, which will be a further push for advanced and sustainable manufacturing development. An important milestone. (Tianmenshan Mountain) source: NetEase science and technology report editor: Zhang Zutao _NT5054

In July, Tesla signed an agreement with the Shanghai Municipal Government to build its first factory outside the United States in Shanghai. The move will double Teslas global manufacturing capacity and help reduce the price of its automotive products in China, the worlds largest automotive market. The agreement shows that Teslas Shanghai plant will have an annual capacity of 500 thousand electric vehicles.

In a statement, Robin Ren, Teslas vice president for global sales, said after acquiring the plot of Shanghais factory, that acquiring this plot in Shanghai will enable Tesla to build its first Gigafactory outside the United States, which will be a further push for advanced and sustainable manufacturing development. An important milestone. (Tianmenshan Mountain)