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March 15, 2019

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Smooth progress on Tesla plant work

THE construction of Tesla’s new factory in Shanghai is going smoothly, according to the city’s officials with direct knowledge of the project.

“The assembly workshop is expected to be completed in May,” Chen Mingbo, a national lawmaker and director of Shanghai Commission of Economy and Informatization, said on the sidelines of the second session of the 13th National People’s Congress in Beijing.

Wu Xiaohua, an official of the Shanghai Lingang Area Development Administration, where Tesla’s plant is located, described the progress of the project as “better than expected.”

Tesla’s team in Shanghai has also confirmed the smooth progress of the project, which, with an investment of over 50 billion yuan (US$7.4 billion), is the largest foreign-invested manufacturing project in Shanghai’s history, and the electric car manufacturer’s first outside the United States.

At the groundbreaking ceremony in January, CEO Elon Musk said Tesla was “hoping to have initial production of the Tesla Model 3 toward the end of the year and volume production next year.”

Tesla signed the agreement with Shanghai’s city government in July to build the factory. In October, the company was approved to use an 864,885-square-meter tract of land in Lingang for the plant, which has an annual producing capacity of 500,000 electric cars.


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