Tesla plans to establish a second electric vehicle factory in China. A new plant located in the vicinity of its existing production center in Lingang. This second factory will be key for the brand to be able to more than double its production capacity for fully electric cars.
Tesla has decided to press the accelerator in its process of expansion through Chinese territory. The popular brand of electric cars is obtaining extraordinary sales figures despite the fact that in the Asian Giant it must deal with local competition. Nio, Xpeng and BYD are some examples of the full potential of the Chinese automotive industry in the field of fully electric mobility.
The American brand led by Elon Musk is aware of the need to increase its vehicle production capacity to meet growing demand. Therefore, it is studying all the keys to establish a second factory in the Asian country. The information that has come to light in recent hours indicates that Tesla to build a second electric car factory in China.
Tesla will increase its car production capacity in China
By the time these new facilities are up and running, Tesla will have the capacity to produce up to 2 million electric cars a year in China. The new plant will be located in close proximity to its existing production base in Lingang, Shanghai.
China is the world’s leading market for electric vehicles. That is why Tesla wants to have a production capacity superior to the rest of the main manufacturers that are established in the country. Compared to other giants in the automotive industry, it is enough to point out that Toyota manufactured in China a total of 1.6 million vehicles during the past year 2021. For its part, General Motors produced 1.4 million vehicles.
The Volkswagen Group is working at full capacity with its local partners to have an annual production capacity of one million electric vehicles in China by 2023. At this time, Tesla has not wanted to go out with this information.
Video test of the Tesla Model Y, one of the best-selling electric cars in China
The Tesla factory in Shanghai
Less than a year ago, Tesla began series production of vehicles at its Shanghai Gigafactory. The two star models of the brand are manufactured there, the Tesla Model 3 and the Tesla Model Y. Both models were in the Top 20 best-selling cars in China during the past year 2021. They harvested nearly half a million registered units.
The Tesla expansion plans in China They mark the way to be able to close 2022 with approximately one million vehicles produced. Sources close to the company have pointed out that weekly production will increase to around 22,000 units in the coming months.
It is also important to underline that the authorities of the city of Shanghai have been supporting the establishment of the Tesla brand and the start-up of its production center. Recently, in a conference held before the Shanghai regulators, the company announced its plans to expand the production of spare parts, and therefore increase the workforce.
Source: autonews