Tesla announced plans to build a factory in Shanghai, mainly for the manufacture of lithium batteries for vehicles and assembly of electric vehicles. In the general meeting held by electric vehicle manufacturer Tesla on Tuesday, the company’s global sales director Robin Ren demonstrated the The company plans to set up the world’s first overseas manufacturing plant in Shanghai. Tesla’s chief executive officer and chairman of the board, Elon Musk, stated at the shareholders’ meeting that unlike Tesla’s first manufacturing facility in the United States, the company’s next-generation manufacturing facility “Dreadnought†will be able to Lithium batteries for vehicles and electric vehicles are assembled on the same site.
Tesla currently owns a battery-produced super battery plant (Gigafactory) in Delaware, and an electric vehicle assembly plant in Fremont, Calif., to manufacture electric vehicles such as ModelS, ModelX, and Model3.
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