Tesla launches project to build new Megafactory in China
The Megafactory in Lathrop, California, was Tesla’s first dedicated factory to produce Megapacks, which were previously produced at Gigafactory Nevada.
It is still ramping up to its full capacity of 40 GWh worth of Megapacks, a battery pack for utility-scale energy storage projects, but it has already helped Tesla break new records of energy storage deployment almost every quarter.
Earlier this year, Tesla announced a plan to replicate the Megafactory in China through a deal with Shanghai’s Lingang authorities.
Today, the Tesla Megafactory project in China officially launched with a signing ceremony for the land acquisition, according to a new Xinhua report:
A signing ceremony for land acquisition of the project was held on Friday morning in Shanghai, marking the official opening of…