Tesla to Build New Shanghai Factory for Megapack Battery

Tesla to Build New Shanghai Factory for Megapack Battery

Tesla Inc. has announced plans to build a new battery factory in Shanghai, further investing in China despite brewing tensions between the US and Beijing. The company, led by Elon Musk, will produce its Megapack large-scale energy-storage unit in the new facility, supplementing its existing electric vehicle factory in Shanghai. The announcement was made during…

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