On the 22nd, Tesla completed a land acquisition contract in Shanghai and announced the official launch of the Tesla Energy Storage Super Factory project. As Tesla's first energy storage super factory project outside the United States, this factory with a "future track" layout is scheduled to start production in 2024.
Tesla introduced that the initial plan for Tesla's energy storage super factory is to produce 10000 commercial energy storage batteries annually, with a storage capacity of nearly 40 gigawatt hours. Each commercial energy storage battery can store over 3 megawatt hours of energy, suitable for multiple scenarios such as renewable energy systems and peak demand management.
"In recent years, China has continuously improved its level of opening up to the outside world, and Tesla is both a witness and a beneficiary." Tesla's Global Vice President, Tao Lin, said that China's sustained policy of opening up to the outside world, advanced development concepts, and good business environment have created huge opportunities for enterprises, and the Chinese market is a "necessary option" for Tesla's development.
Tao Lin said that Tesla's energy storage super factory is not only an important optimization of the company's global production layout, but also will help Shanghai's new energy storage industry development and green low-carbon transformation.
In January 2019, Tesla's Shanghai super factory started construction, creating a "Tesla speed" of "starting construction in the same year, completing construction in the same year, starting production in the same year, and going public in the same year".
"With Tesla's efficient production and lean manufacturing capabilities, and the promotion of a high-quality business environment in the Lingang New Area of the Shanghai Free Trade Zone, the newly built energy storage super factory project is expected to start construction in the first quarter of 2024 and start production in the fourth quarter, breaking the 'Tesla speed'.".
Since 2019, Tesla has continuously increased its investment in the Lingang New Area of the Shanghai Free Trade Zone, not only continuously improving the production capacity of the Shanghai super factory, but also investing in the construction of super charging pile factories, Shanghai R&D Innovation Center, and so on.
In the first 11 months of 2023, Tesla's Shanghai super factory delivered over 850000 electric vehicles, a year-on-year increase of 30%. This has become Tesla's main export center globally, with electric vehicles selling well in overseas regions such as Asia Pacific and Europe.
Tesla's choice is a testament to China's optimization of the business environment and strong attraction of foreign investment. The "Research Report on the Business Environment of Foreign Investment in China for the Third Quarter of 2023" released by the China Council for the Promotion of International Trade shows that more than 80% of the surveyed foreign enterprises are satisfied with the evaluation of China's business environment. According to statistics from the Ministry of Commerce of China, there were 48078 newly established foreign-invested enterprises in the first 11 months of this year, a year-on-year increase of 36.2%.