Technology

Tesla says Shanghai to manufacture 1 million electric cars per year

Tesla says Shanghai to manufacture 1 million electric cars per year

After the construction of its new factory, capable of producing 450,000 electric vehicles per year next to its existing plant, Tesla said this week that it would turn Shanghai into "the world's largest vehicle export hub." While the rest of the auto industry has slowed during the COVID-19 pandemic, the hugely successful Gigafactory Shanghai has enabled Tesla to grow at a rapid rate.

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