Tesla to produce 300,000th vehicle at Giga Shanghai

Tesla to produce 300,000th vehicle at Giga Shanghai


Tesla’s Gigafactory in Shanghai will apparently produce its 300,000th electric car this year. The upcoming annual general meeting of the Californian electric car manufacturer is also to take place at a new production facility under construction in Texas – on 7th October.

According to a report from Reuters, Tesla wants to reach a cumulative production figure of 300,000 electric vehicles in China by the end of September.

Tesla had already stated the Gigafactory 3 in Shanghai had an annual capacity of 450,000+ instead of 450,000 in its annual report when it released its Q2 figures. The company also announced that the site had completed its transition to a “primary vehicle export centre”. This means that European demand, among other things, is currently served from there. However, the 450,000+ figure also means that Tesla will have to increase output again in the fourth quarter.

Meanwhile, Tesla is planning its next virtual general meeting for 7th October – at its new factory in Texas, according to an official announcement. The choice of location fuels rumours that the start of production of the Model Y could be announced at the meeting.

In its second-quarter annual report, Tesla said it planned to start up the Texas Gigafactory this year: “We believe we remain on track to build our first Model Y vehicles in Berlin and Austin in 2021.”

The statement did come with a slight caveat, however: “The pace of respective production ramp-ups will be influenced by the successful introduction of many new product and manufacturing technologies, ongoing supply chain challenges and regional approvals.”

Elsewhere, the construction of another Tesla manufacturing facility – in Lathrop, California – is also attracting attention because the company is building a ‘megafactory’ for stationary battery storage. This could bring relief for the Gigafactory in Nevada in future, where both electric car batteries and stationary storage are currently produced.