New Megafactory will be built by Tesla in Shanghai, China!

Tesla will open a Megafactory in Shanghai to produce 10,000 Megapacks a year.

Megapacks store energy to stabilize the power grid and prevent outages.

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Tesla CEO Elon Musk announced a factory in China to supplement production in California.

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Megapacks store energy to stabilize the power grid and prevent outages.

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Grid operators use batteries to store and use power from intermittent sources when demand is higher or unplanned outages occur.

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Tesla has a Megafactory in Lathrop, California capable of producing 10,000 Megapacks per year.

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The company plans to start construction in the third quarter of this year and start production in 2024.

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Tesla CEO Elon Musk announced a factory in China to supplement production in California.

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Tesla CEO Elon Musk announced a factory in China to supplement production in California.

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