ROBIN ZENG
Tesla to build Shanghai factory to make Megapack batteries
The company began producing Model 3 cars in Shanghai in 2019 and now is capable of producing 22,000 units of cars per week. Tesla planned to expand the Gigafactory Shanghai, its most productive automaking plant, to add an annual capacity of 450,000 units, Reuters reported last May.
Tesla to build Shanghai factory to make Megapack batteries- Xinhua
Elon Musk's automaker will break ground on the plant in the third quarter and start production in the second quarter of 2024, Xinhua reported from a signing ceremony in Shanghai. Complementing a huge existing Shanghai plant making electric vehicles, the new factory will initially produce 10,000 Megapack units a year, equal to around 40 gigawatt hours of energy storage, to be sold globally, Xinhua said.
Why a Chinese company dominates Electric Car batteries
CATL has given China a commanding lead in electric car batteries, a technology central to the broader green revolution. The company already supplies batteries to almost all of the world's automakers, including GM, Volkswagen, BMW and Tesla. CATL has emerged as one of the biggest winners of the electric car boom, along with Tesla.
O2O: Can Baidu’s Robin Li connect people and services through the Web?
The top priority of Baidu’s CEO Robin Li is to go O2O, or online-to-offline. Through this push, he plans to connect people and services through the Web.
