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Tesla’s Shanghai Gigafactory 3 to Start Production by 2019 End

Auto News - Published on Wed, 14 Aug 2019

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On August 7, Tesla China officially announced via its Sina Weibo account, a hugely popular microblogging site, that the Gigafactory 3 is expected to start production at the end of 2019. It said that “Tesla's Shanghai factory has been constructed smoothly so far. It is only seven months after its groundbreaking.”

The Tesla's Shanghai-based plant, integrating functions of R&D, manufacturing and sales, is expected to produce about 3,000 Model 3 vehicles a week in an initial phase, before ramping up output to around 9,600 units a week ie 500,000 units per year when it becomes fully operational.

Tesla is committed to investing roughly USD 2.04 billion (RMB14.08 billion) into the Gigafactory 3 over the next five years

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Posted By : Mohan Sharma on Wed, 14 Aug 2019
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