TESLA is an American multinational corporation based in Palo Alto,California. TESLA deals in electric vehicles, lithium ion battery energy storage ,and solar panel etc
RECENTLY, Shanghai government approved Tesla to make a gigafactory in somewhere Shanghai
According to a Bloomberg,Tesla will have the capacity to produce a 5,00,000 vehicles per year.
Tesla CEO Elon Musk also aims to maintain a production output of 5,00,000 vehicles per year from its Fremont plant in California
Tesla CEO also said doubling the brand’s targeted production.This new Chinese company will be located in Shanghai’s free-trade zone, which suggests that this 47-square-mile area will become home to gigafactory 3
The new company, Tesla (Shanghai) Co Ltd, was set up with 100 million yuan (around Rs 103 crore).
According to Sina Finance, it will focus on “technical development; technical services; technical consultation; technology transfer in the field of electric vehicles, spare parts, batteries, and energy storage equipment; electric car display; and product promotion.”
Recently,Tesla CEO Elon Musk announced that the model 3 sedan and upcoming Model Y SUV make in the factory
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