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VicBee said:
https://www.teslarati.com/tesla-launches-megafactory-shanghai-construction/

Tesla holds signing ceremony for Megafactory Shanghai

BySimon AlvarezPosted on December 22, 2023

Tesla officially started its high-profile Megafactory project in Shanghai. This was highlighted in a land acquisition and signing ceremony that was held on Friday morning. The ceremony was dubbed by the EV maker as the official start of the “milestone project.”

Similar to its sister factory in Lathrop, California, the Shanghai Megafactory is expected to be capable of producing 10,000 Megapack batteries per year, or about 40 GWh of energy storage. The batteries that will be manufactured in the facility are expected to be sold to the global market.

The Megapack is Tesla’s flagship battery storage system. Designed specifically for grid-scale projects, the Megapack has been deployed in several key initiatives, including the 182 MW/730 MWh battery farm in Moss Landing, California, and the 150 MW/300 MWh system in New South Wales, Australia. It is offered in two variants: a 2-hour version that offers 1.9 MW of power and 3.9 MWh of energy and a 4-hour variant that features 1 MW of power and 3.9 MWh of energy.

The Shanghai Megafactory was initially expected to start its construction in the third quarter of 2023, with production starting in Q2 2024, as per a previous announcement from the Lingang Special Area Administration back in April. Considering that the project just held its signing ceremony, however it would appear that the Shanghai Megafactory has been slightly delayed. It would not be surprising if Megapack production starts in the latter half of 2024.

The upcoming factory will be located in the Lingang area, which is also in the same vicinity as Tesla’s existing Gigafactory Shanghai. Gigafactory Shanghai currently stands as Tesla’s highest production facility, with the company noting in its Q3 2024 Update Letter that the facility has an estimated annual output of over 950,000 vehicles.

Local media outlets have noted that the Shanghai Megafactory will initially source its batteries from CATL, though the facility may also shift to Tesla’s own batteries down the road.

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Teslarati! :D
 
deaddog said:
Chinese-owned BYD overtakes Tesla as world’s largest maker of purely electric vehicles (msn.com)
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They recently announced they're building a big factory in Hungary too for the European market..

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BYD's first European plant to come up in Hungary
The new manufacturing and production to be built in Szeged will be the first BYD passenger car factory in Europe.

By Autocar Pro News Desk
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23 Dec 2023
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BYD, the world's leading manufacturer of new energy vehicles (NEVs / EVs), has announced the next stage of its European strategy: the construction of a brand-new manufacturing and production centre in Szeged, Hungary.

The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe and will have the advanced car production line. The factory will be built in phases and is expected to create thousands of local jobs, boost the local economy and support local supply chains. BYD has not specified which models it plans to manufacture in Europe.

As per the Chinese EV maker, the new production facility will incorporate the most advanced global technology and highly automated production processes to create a leading global new energy passenger vehicle manufacturing facility. BYD will also utilise its expertise in integrated vertical supply chains to help create a green ‘ecosystem’ locally.

Situated in the heart of Europe, Hungary is an essential transportation hub and boasts a rich history of expertise in the automotive industry. With a mature infrastructure and a well-established industrial foundation, Hungary has been chosen by several premium European manufacturers as a production location for passenger cars. This further supports BYD's decision to make Hungary the centre of European production operations.

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BYD has, in its first year of sales in Europe, launched five models including the Seal (left) and the Dolphin (right). It plans to launch 3 more in 12 months.

The BYD brand has made significant progress in launching its passenger car operations in Europe. Within the first year, the company has established 230 retailer stores across 19 countries, introduced five new models (Han, Tang, Atto 3, Seal, and Dolphin), spanning the C to E segments, including hatchbacks, sedans, and SUVs. Additionally, three new models are planned to be launched within the next 12 months.

BYD’s new energy vehicle footprint now covers 6 continents, over 70 countries and regions, and more than 400 cities.
 
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