A Tesla Megapack in Moss Landing, California
Andrew Evers | CNBC
Tesla will open a recent Megafactory in Shanghai, China, that’s capable of manufacturing 10,000 Megapacks a yr, the corporate announced in a tweet Sunday.
A Megapack is a really large battery that stores energy, helps stabilize the facility grid and prevents outages. These batteries enable grid operators to maneuver extra capability between counties or states and make sure that power from intermittent sources may be stored and used when demand is higher, or when there are unplanned outages in a transmission network.
Tesla currently has a Megafactory in Lathrop, California, that’s capable of manufacturing 10,000 Megapacks units every year, in keeping with the company’s website. In a tweet Sunday, Tesla CEO Elon Musk said the factory in China will complement output from the factory in California.
The corporate is planning to begin constructing the factory through the third quarter of this yr, and it’ll aim to begin production around halfway through 2024, the Chinese state media outlet Xinhua reported Sunday from a signing ceremony in Shanghai.
Tesla and Musk didn’t immediately reply to requests for comment.