Tesla Begins Construction on Shanghai Megapack Battery Factory

The new $200 million facility aims to produce 10,000 Megapacks annually by 2025, marking Tesla's second major plant in Shanghai.

The factory will manufacture large-scale energy-storage batteries to stabilize energy grids.
This is Tesla's first Megapack production plant outside the United States.
The project highlights Tesla's ongoing investment in China despite rising US-China trade tensions.
The new plant is expected to reduce logistical costs for Tesla's Asia-Pacific projects.
Shanghai officials have committed to rapid construction and operational support for the factory.