Tesla’s Shanghai Gigafactory Expansion Delayed, Sources Say

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IT House News on January 12, Bloomberg quoted people familiar with the matter as reporting that Tesla has delayed plans to expand its Shanghai super factory. Tesla China did not immediately respond to a Reuters request for comment. Tesla’s concerns about the data could reportedly hinder the electric carmaker’s ambitions to maintain growth in China.

The so-called Phase 3 expansion, originally scheduled to start in the middle of this year, would see the plant’s capacity double again to about 2 million vehicles a year, the sources said.

According to the latest data released by the Passenger Federation, Tesla’s wholesale sales in China in December reached 55,796 vehicles, and 13,870 vehicles were exported. IT Home learned that the data also shows that Tesla China’s sales volume in 2022 will be 439,770 vehicles, a year-on-year increase of 7.8%, ranking third among new energy vehicle brands.

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According to previous data, the second phase of the Tesla Gigafactory project (Phase I)-production line optimization project was launched on December 21, 2021, with a total investment of 1.2 billion yuan, of which 85 million yuan was invested in environmental protection, accounting for 7.08%. Mainly by increasing the production rate to expand production capacity.

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