End User News - Automobiles (cars)

Tesla breaks ground on new factory for Model 3 electric vehicles (EV) in China

  | AL Circle   |

Tesla has begun constructing a new manufacturing plant for its electric cars in Shanghai, China. Tesla's CEO Elon Musk said that construction will be completed in the summer and production of its lowest-cost model, the Model 3, will start by the end of the year.

This is the largest foreign-invested manufacturing project in the city, according to the Shanghai government.

Tesla, electric vehicle

"We think with the resources here we can build the Shanghai Gigafactory in record time and we're looking forward to hopefully having some initial production of the Model 3 towards the end of this year and achieving volume production next year," Elon Musk said.

The electric carmaker aims to produce 250,000 pure electric cars annually at first. Annual capacity will expand to 500,000 units upon full production.  

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Related Business Leads
Buying request Jindal Domal Series 21241
Interested to buy Jindal Domal Series 21241. Destination - Any port in India
Posted On : 11 Oct 2023

Buying request Aluminium Powder
Interested to buy aluminium powder Mesh size 150 mm Purity >93% Destination CIF Gujarat, India  
Posted On : 06 Oct 2023

Buying request Aluminium Cans
Interested to buy 50,000 pieces for each size of aluminium cans as mentioned below. Size of cans - 200, 330 and 500 ml Destination - Greece
Posted On : 19 Sep 2023

Interested to buy aluminium double track sliding windows for single unit glasses and double unit glases. Destination - Any port in India
Posted On : 12 Sep 2023

Interested to buy aluminium casement door profiles for DGU glasses 24mm. Destination - Any port in India
Posted On : 12 Sep 2023
Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
IBAAS-JNARDDC 2023

4-6 December 2023 at Chitnavis Centre in Nagpur, India.

Alternate Text
IGUN METALS AND FINANCE INC

Global supplier of aluminium alloy and base metals from Africa