Last year, Tesla opened the first Megafactory battery factory in California, and now the American company, known for electric cars and energy storage systems, announced the opening of the second such factory – it will be built in China. Yes, despite the deterioration of relations between the USA and China, which is accompanied by the introduction of significant export restrictions and the outflow of Western investments.
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The future Chinese Megafactory will produce batteries for Megapack industrial energy storage (10 thousand per year) and, all things considered, this project is an exact copy of the already mentioned Megafactory in California. It will complement the current production capacity of the Gigafactory in Nevada and provide an additional 40 GWh per year to meet the high demand for these systems. The mentioned planned capacity of 40 GWh exceeds the total capacity of stationary energy storage systems in the world.
Tesla opening Megapack factory in Shanghai to supplement output Megapack factory in California
— Elon Musk (@elonmusk) April 9, 2023
Despite the impressive capacity on paper, Tesla is not yet able to meet the demand for the Megapack – the company has already booked orders for two years ahead, as more energy companies invest money in building huge energy storage systems and solar power plants.
Tesla expects to build the Chinese Megafactory in a very short period of time, as it was in Lathrop, California – construction should begin next quarter, and the start of production is planned for the second quarter of 2024. In the future, Tesla plans to export the China-made Megapacks around the world. The other day Tesla CEO Elon Musk is in China, probably the purpose of the visit is to close the deal and meet with Chinese officials. Tesla is also rumored to be looking to strike a deal with the Chinese government that would expand the Full Self-Driving beta version. Currently, the system, which is under the watchful eye of regulators, is being tested only in the US and Canada.
Elon Musk’s ambitious plan envisions that sometime in the future, the energy business Tesla Energy should catch up with the main car company Tesla Automotive.
Tesla’s expansion in China appears to be safe, at least for now reports of China’s concerns about Starlink being able to bypass the Great Firewall of China and the PRC military’s desire to find a way to shoot down Starlink satellites are a thing of the past. The other day, the Twitter social network, which is now also owned by Elon Musk, removed all restrictions from state-owned Chinese and now Russian media, thereby grossly violating its own rules that have been in effect since 2020.
Twitter no longer restricts state-owned Chinese and Russian media — they appear in searches and as recommendations in the For You feed
