Tesla is planning to resume the construction of its third phase automobile factory in Shanghai and will begin selling energy storage battery products produced in Shanghai next year.
On October 29th, Governor Gavin Newsom of California, who is currently visiting China, visited the Tesla Gigafactory in Shanghai.
Tesla's Shanghai factory has adopted integrated die-casting technology to achieve rapid molding, reducing the cost of automotive underbody by 40%.
On September 17th, Tesla announced that the 5 millionth vehicle globally has officially rolled off the production line at Gigafactory Shanghai.
The new Tesla Model 3 is highly anticipated, and Tesla is also preparing its production capacity for the upcoming sales boom.
On August 17th, it was reported that the production of the new model of Tesla's Model 3 has started at Gigafactory Shanghai.
On July 18th, it was reported that several employees of Tesla's Gigafactory Shanghai, recently received a significant increase in their performance bonuses for the second quarter of 2023. The bonus amount reached 1.5 times their monthly base salary.
On July 13th, it was reported that several automotive bloggers recently announced that the Tesla Gigafactory Shanghai has produced its one millionth Model Y.
Tesla's Q1 total revenue was $23.329 billion, as per documents submitted to the US Securities and Exchange Commission (SEC) on April 24th. Notably, Tesla's revenue in China in Q1 amounted to $4.891 billion with a year-on-year growth rate of 5.18%.
At Tesla's Investor Day held on March 1, the electric vehicle manufacturer shared a series of business plans for future developments in R&D and manufacturing. Tom Zhu, the global vice president of Tesla and head of Greater China, explained Tesla's gigafactory situation.
Tesla's Shanghai Gigafactory will reportedly suspend production from January 20-31, longer than China's national Spring Festival holiday from January 21-27. The EV maker responded that most employees at the factory will have a holiday from January 20 to 28.
Tesla's China chief Tom Zhu stepped down as legal representative of Tesla (Shanghai) Co., Ltd., but will remain its chairman. This may be another signal that Zhu is fading out of Tesla's business in China.
According to Tesla China, the Shanghai factory still maintained efficient production and output in 2022. The vehicle production will carry out the annual production line maintenance work as planned this week.
On December 12, Tesla denied a report that the Amercian electric vehicle maker's Shanghai factory will suspend production of its Model Y from December 25 to January 1 next year.
Chinese new energy vehicle and battery giant BYD plans to invest 5 million yuan ($695,778) in an expansion project involving Shanghai BYD Co., Ltd. The eastern Chinese metropolis also hosts one of Tesla's Gigafactories in its Lingang New Area, Pudong District.
Cui Dongshu, Secretary General of the China Passenger Car Association said on October 9 that domestic sales of new energy vehicles remained strong in September. During the month, Tesla's Shanghai Gigafactory delivered more than 83,000 vehicles.
During September, Tesla's Model Y became the top-selling SUV model in Australia and ranked among the top three best-selling vehicles overall in the country. At the same time, the Model Y became the top-selling vehicle in New Zealand.
Grace Tao, Global Vice President of Tesla, announced via domestic microblogging platform Weibo on August 15 that the localization rate of Tesla China's supply chain has exceeded 95%, as the firm's Shanghai Gigafactory has now produced more than 1 million vehicles.
Tesla's Shanghai Gigafactory saw its one millionth production vehicle roll off the production line. Elon Musk, CEO of the US electric vehicle giant, shared the milestone on Twitter on August 15.
On August 2, Shanghai enterprises and institutions environmental information platform showed the details of a construction project in which part C of the second stage of Tesla's Gigafactory Shanghai Project (Phase I) was completed.