Tesla Opening Battery ‘Megafactory’ In China

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Tesla Opening Battery ‘Megafactory’ In China
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The company is adding another factory in China, as it faces criticism for its ties to the country.

Tesla plans to open a new “Megafactory” to manufacture massive batteries in Shanghai, China, the car company announced in a tweet on Sunday, deepening Tesla’s ties to the Chinese market despite previous criticism of its connections to the country.... [+]

electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016.Tesla said the factory will be capable of producing 10,000 “megapacks” a year—or large lithium battery storage products intended for power stations that the company says can power some 3,600 homes for one hour.

The company already has a Megafactory in Lathrop, Calif., that can produce the same number of megapacks.Megapack factory in California.” Tesla didn’t specify when the Shanghai-based factory will open, but Chinese state-run news outlet Xinhua says the factory will break ground later this year and open next year.56. That’s how many stores Tesla has in mainland China. The city of Shanghai is home to Tesla’s largest manufacturing facility outside of the U.S.

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