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Tesla wants to invest millions in additional production capacity in China

Tesla would like to invest some 1.2 billion yuan (139 million euros) in its car plant in Shanghai, China. This means that parts of the so-called Giga Shanghai f

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Tesla wants to invest millions in additional production capacity in China

Tesla would like to invest some 1.2 billion yuan (139 million euros) in its car plant in Shanghai, China. This means that parts of the so-called Giga Shanghai factory need to be expanded. Additional people will also be employed.
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work would start before the end of the year, Chinese sources reported Thursday-to-Friday night.

according to Chinese reports, this includes the department where the body and plate parts are manufactured and formed. The capacity of the paint shop, the assembly hall and the logistics centre will also be expanded. Work should be completed by april 2022. < / p>

the planned investment does not come out of nowhere. When presenting the second quarter figures in July, Tesla said that it had designated the Shanghai plant as the main production centre for export. Earlier this was the settlement in the American city of Fremont. In China, both the Model 3 and the Model Y are built, also for the Netherlands. meanwhile, the Tesla plant in the U.S. State of Texas is almost complete. On the basis of documents submitted to the Texas Land Registry last week, Tesla will bet on 31 december as the date of completion. The same documents show that the construction costs are 1.06 billion dollars (940 million euros). Production of the Model Y will start in the course of 2022. In the long run, the Model 3, The Cybertruck and the electric truck from Tesla will have to be removed from the tyre. the Tesla plant in Berlin is also almost finished. The first models have to be made there this year.

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