Tesla to gear up Shanghai production line as demand soars

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo/File Photo

SHANGHAI: Tesla Inc is investing 1.2 billion yuan (RM795mil) to optimise the production line at its Shanghai factory as China is rising as a major global export hub for the US electric carmaker.

The project is expected to start in December this year and finish in April 2022, according to Tesla’s filing to a Shanghai government platform for local companies’ environmental information disclosures.