News

Tesla to Open New Mega Factory in Shanghai, China

According to the company, the new Mega Factory will be able to produce 10,000 Megapacks a year

Electric car maker Tesla has just announced that it will soon open up its new Mega Factory in Shanghai, China. Announcing the news in a recent tweet, the company said that this new mega factory will be able to produce over 10,000 Megapacks a year.

A megapack, in simple terms, is a battery with massive storage capabilities and is used to stabilize power grids to prevent outages. When used by grid operators, these megapacks act as a storage point allowing them to store surplus energy and use it at times when energy demand is higher or when an unplanned outage strikes.

Apart from this newly announced Mega Factory in China, Tesla owns another similar Mega Factory in Lathrop, California, which also has a production capacity of over 10,000 megapack units per year.

According to Tesla CEO Elon Musk, this new factory in China will supplement the Tesla Mega factory in California.

Tesla reportedly began the construction of this new mega factory during the third quarter of this financial year and is planning to begin production during 2024.

 

Read more:

AI Can Now Crack Your Password in Less Than a Minute: Here is How You Can Stay Safe

Sponsored
Abdullah Shahid

Share
Published by
Abdullah Shahid

Recent Posts

VPN Ban Could Cost Pakistan’s IT Industry $1 Billion, Warns P@SHA

The Pakistan Software Houses Association (P@SHA) has raised alarms about the severe impact of the…

8 hours ago

WhatsApp Trials Group Chat Mentions in the Latest Status Update Feature

WhatsApp is rolling out a new feature in its latest Android beta version, allowing users…

8 hours ago

PTA Chairman Confirms No Orders for Mobile Service Shutdown

ISLAMABAD: Chairman of the Pakistan Telecommunication Authority (PTA), Major General (retd) Hafeez-ur-Rehman, confirmed that no…

9 hours ago

35,000 Students to Receive Free Laptops Under Punjab Government Scheme

Punjab Chief Minister Maryam Nawaz Sharif has announced the launch of a new initiative aimed…

10 hours ago

Meta Introduces New Features to Messenger: AI Backgrounds, HD Video Calls, and More

Meta has unveiled a set of new features for Facebook Messenger, designed to improve call…

11 hours ago

PTA Seeks Stakeholder Input on VPN Registration

Islamabad (21st November 2024): PTA hosted a stakeholder consultation on VPN registration, with key participants…

12 hours ago