01:34

Tesla's new mega factory project in Shanghai officially launched

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STORY: Tesla's new mega factory project in Shanghai officially launched
SHOOTING TIME: Dec. 22, 2023
DATELINE: Dec. 22, 2023
LENGTH: 00:01:34
LOCATION: SHANGHAI, China
CATEGORY: ECONOMY

SHOTLIST:
1. STANDUP 1 (English): ZHOU RUI, Xinhua correspondent
2. various of Tesla's factory
3. STANDUP 2 (English): ZHOU RUI, Xinhua correspondent
4. various of Tesla's factory

STORYLINE:

STANDUP 1 (English): ZHOU RUI, Xinhua correspondent
"U.S. carmaker Tesla just announced its new mega factory project officially launched. The factory is expected to produce Megapacks like those behind me, they are expected to produce 10,000 Megapacks a year and export them globally."

Megapack is a powerful battery that provides energy storage and support, helping to stabilize the grid and prevent outages.

The new project, located in the Lingang new area of the China (Shanghai) Pilot Free Trade Zone, is scheduled to break ground in the first quarter of 2024 and start production in the fourth quarter.

The factory will initially produce 10,000 Megapack units every year, equal to nearly 40 GWh of energy storage. The products will be sold worldwide.

STANDUP 2 (English): ZHOU RUI, Xinhua correspondent
"In January 2019, Tesla Shanghai Gigafactory broke ground here in Shanghai and the company keeps investing and expanding its capacity ever since. This time yet again Tesla chose Lingang new area of Shanghai FTZ as a confidence vote of Shanghai and China."

From January to November this year, Tesla's Shanghai Gigafactory delivered more than 850,000 vehicles, an increase of 30 percent year on year. It has also evolved into Tesla's main global export center.

Xinhua News Agency correspondents reporting from Shanghai, China.
(XHTV)

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