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Home ยป Cars

Tesla Shanghai plant reportedly plans to produce 550,000 cars next year

By Phate Zhang
Nov 9, 2020 at 12:00 PM UTC
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Tesla Shanghai plant reportedly plans to produce 550,000 cars next year-CnTechPost

Tesla Shanghai Gigafactory plans to produce about 550,000 vehicles in 2021, including 300,000 Model 3s and 250,000 Model Ys, 36kr.com quoted a source as saying.

"T Company (Tesla ) has already sent order requests to core component suppliers," The source said.

By 2020, Tesla's Shanghai plant has a planned capacity of 150,000 units, the reason for the huge jump by next year is the Chinese plant will also take on a larger task of exporting on top of the upcoming completion of the second phase of the plant.

The same source said, "Of the 550,000 vehicles, about 100,000 Model 3s are for export and 10,000 Model Ys are also planned to be exported."

On October 26, Tesla Shanghai Gigafactory has announced the export of cars to Europe, the same day about 7,000 Chinese-made Model 3s were shipped out for sale to dozens of countries including Germany, France, Italy, Netherlands, Portugal, Switzerland and Sweden.

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The Tesla Shanghai Gigafactory is Tesla's first plant outside of the United States, and in January of this year, the Tesla Shanghai plant was put into operation with an average monthly delivery of over 10,000 Model 3s.

In the second quarter of this year, the Tesla Shanghai Gigafactory became a major contributor to Tesla's global sales, as the Covid-19 spread around the world. Nearly one-third of Tesla's electric vehicle deliveries in the second quarter of this year reportedly came from the Shanghai Gigafactory, which delivered a total of 90,891 electric vehicles in the second quarter of this year.

In addition to the Shanghai plant, Tesla's Berlin, Germany, plant is also under construction at full speed and is expected to be completed in the first quarter of next year.

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Like Tesla's Shanghai plant, Tesla's Berlin plant will also produce the Model 3 and Model Y models.

But why is the Shanghai plant still responsible for the export of more than 100,000 units? Industry sources say this could be related to the renewed deterioration of Covid-19 in Europe.

The second peak of Covid-19 in Europe has arrived, with the French and German economies deciding to re-instate their national quarantine measures.

"The European epidemic has had a greater impact on upstream electronic components, and some spot prices in the market have now doubled." Some industry sources say the uncertainty at the end of this year and early next year could allow Tesla to shift some of its capacity towards Chinese factories.

China-made Tesla Model Y has completed regulatory filing, using ternary batteries

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