Tesla gigafactory china. Tesla took some 15 years to reach total sales of 500000 vehicles but only 15 months to double that. The automaker built a giant factory in. Key points tesla said on thursday it signed an agreement with lenders in china for a 12 month facility of up to 35 billion yuan 521 million for the electric carmakers gigafactory in shanghai.
This is quite encouraging as it shows. Tesla china is in the process of ramping its production for the made in china model 3 which has reportedly reached a run rate of over 200000 vehicles per year. The facility is currently producing final assemblies of the tesla model 3 and will produce tesla model y with y deliveries slated to begin in january 2021.
In addition to the shanghai gigafactory the company is building new plants in germany and the. With the installation of the model y factorys stamping press in mind as well as the presence of a sky bridge between the two production facilities in the giga shanghai complex it appears that. Tesla gigafactory shanghai looks like its about to double in size as shown in a new drone video amid tesla committing to producing the model y in china.
Work also continues at gigafactory. Kicked off production in china marking a major step in chief executive officer elon musks global push for electric vehicle domination and heralding what could be the dawn of real. Or gigafactory 3 is a factory in shanghai china operated by tesla inc.
Local reports indicate that the majority of teslas july sales in china were comprised of made in china model 3 which were produced at gigafactory shanghai. Tesla has resumed operations in china.