Tesla will turn Shanghai into “the world’s largest vehicle export hub”, and plans to increase production up to 450,000 electric vehicles per year as the manufacturer is looking to build a new factory near its Shanghai operations.
Elon Musk’s company will restart double shifts at its factory in Shanghai, as it hopes to resolve shortages and stuff issues by mid-May. China’s economy has had some issues caused by Covid-19 lockdowns, therefore the company’s production slowed down during the pandemic.
Tesla’s China factory was closed for three weeks in April as Shanghai was in lockdown and the plant began again in late April under a closed-loop system – 12-hour shifts, six days a week – while the staff was tested regularly.
On Wednesday, Chinese media reported that Tesla will build a new factory near its Shanghai operations, and planning to produce approximately 450,000 Model 3 and Model Y electric cars a year.
Reports say the company sent a thank you letter to the Shanghai authorities which revealed its plans to expand and for assistance in transporting about 6,000 workers and suppliers.