Gigafactory Shanghai

Gigafactory Shanghai
Map
Built2018–2019
OperatedOctober 2019 (2019-10)
LocationShanghai, China
Coordinates30°52′13″N 121°46′08″E / 30.87016656°N 121.76881044°E / 30.87016656; 121.76881044
IndustryAutomotive
Products
Employees20,000 (June 2023)[1]
Area0.865 km2 (0.334 sq mi; 214 acres)
AddressD203A, Tonghui Road No. 168, Nanhui New Town, Pudong New Area[2]
Owner(s)Tesla, Inc.

Gigafactory Shanghai (Chinese: 特斯拉上海超级工厂; lit. 'Tesla Shanghai Super Factory') (also known as Giga Shanghai, or Gigafactory 3)[3] is an automobile manufacturing plant in Shanghai, China, operated by Tesla, Inc.[4] Construction of the plant began in January 2019, initial production started in October, and the first production vehicles rolled out of the factory in December 2019, less than one year after groundbreaking. The main plant currently manufactures the Model 3 and Model Y. As of July 2023, Tesla says the factory has the capacity to build over 750,000 vehicles per year and is the primary production site for Tesla vehicles exported to regions without a Gigafactory.[5]

Unique among foreign automakers in China, the plant is wholly owned by Tesla and not operated as a joint venture with a Chinese company, the first time the government had allowed such an arrangement. While Tesla owns the factory, it does not own the land it is built on, as is typical in China. Tesla has land use rights with an initial term of 50 years.

  1. ^ "Tesla Starts to Lay Off Some Battery Workers at China Factory". Bloomberg News. 6 July 2023. Archived from the original on 8 July 2023. Retrieved 13 August 2023.
  2. ^ "Grant Contract for State-Owned Construction Land Use Right, dated as of October 17, 2018, by and between Shanghai Planning and Land Resource Administration Bureau, as grantor, and Tesla (Shanghai) Co., Ltd., as grantee (English translation)". www.sec.gov. 29 July 2019. Archived from the original on 13 August 2023. Retrieved 13 August 2023.
  3. ^ Musk, Elon [@elonmusk] (25 January 2020). "Going with nomenclature of Giga [most widely understood location name] vs Giga #, so Giga Shanghai, Giga Nevada, Giga New York & Giga Berlin" (Tweet). Retrieved 26 January 2020 – via Twitter.
  4. ^ Alan Ohnsman (10 July 2018). "How Is Musk Going To Pay For Tesla's Chinese Gigafactory?". Forbes.com. Archived from the original on 18 July 2018. Retrieved 17 July 2018.
  5. ^ "Q2 2023 Investor Update Presentation" (PDF). Tesla, Inc. 19 July 2023. p. 7. Archived (PDF) from the original on 29 July 2023. Retrieved 12 August 2023.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search