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Tesla Announces $188M Production Capacity Expansion In Shanghai

Posted in sustainability

Tesla’s Shanghai Gigafactory will see an expansion of its manufacturing capacity as the US company announced new investment of 1.2 billion yuan ($188 million) into the plant.

The facility’s manufacturing area will be increased while including a certain level of environmental protection investment, Tesla disclosed in a new environmental impact assessment report published on Shanghai’s corporate environment information public platform.

According to state-run Global Times website citing information disclosed in the assessment report, Tesla will upgrade the plant’s phase one production lines by investing 1.2 billion yuan ($188 million) in the project, of which 85 million yuan ($13.3 million) will be allocated for environmental protection.

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