Tesla Plans to Produce Electric Car Chargers in China, Document Shows

Tesla plans to invest CNY 42 million (roughly Rs. 47. crores) in a new factory to make the chargers.

Tesla Plans to Produce Electric Car Chargers in China, Document Shows

Tesla's Shanghai car factory aims to produce 1,50,000 Model 3 sedans this year

Highlights
  • Tesla sold over 13,000 vehicles in China last month
  • Tesla expects the factory to be completed in February
  • The factory will have capacity to make 10,000 chargers a year
Advertisement

Tesla plans to start manufacturing electric vehicle (EV) chargers in China in 2021, according to a document submitted to the Shanghai authorities by the US firm which is seeking to expand sales in the world's biggest car market.

Tesla, which now sells its Model 3 electric cars in China and plans to deliver its Model Y sport utility vehicles in 2021, plans to invest CNY 42 million (roughly Rs. 47 crores) in a new factory to make the chargers, also known as charging piles, near its car plant in Shanghai, the document seen by Reuters said.

China, which offers hefty subsidies for electric vehicles as it seeks to cut down on pollution from petrol or diesel cars, has been expanding its nationwide network of charging points, one of the biggest challenges to encouraging adoption of EVs.

The factory, which Tesla expects to complete in February, will have capacity to make 10,000 chargers a year, according to the document submitted by Tesla.

It now imports the chargers, usually installed in charging stations or car parks, from the United States.

Tesla, which sold over 13,000 vehicles in China last month, did not immediately respond to a request for comment.

The Shanghai car factory, central to Tesla's global growth strategy, aims to produce 1,50,000 Model 3 sedans this year and has started exporting some vehicles to Europe.

Executives at Tesla said this year that the firm would expand its charging network to provide better service.

© Thomson Reuters 2020


iPhone 12 Pro Series Is Amazing, but Why Is It So Expensive in India? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

Affiliate links may be automatically generated - see our ethics statement for details.
Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: Tesla, electric vehicle, electric car
TWS Earbuds Shipments in India Up 723 Percent YoY in Q3, Boat Emerged as Leading Player: Counterpoint
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »