Tesla Shanghai to make 300,000 cars


Sales upturn: A Tesla Model S being charged at a car dealership in Shanghai. China is set to see a delivery rush at the end of the July-September quarter. ― AFP

BEIJING: Tesla Inc’s Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush at the end of the July-September quarter, despite a global semiconductor shortage, two sources said.

The factory makes the electric Model 3 sedans and Model Y sport-utility vehicles for domestic and international markets, including Germany and Japan.

Around 240,000 vehicles were shipped from the factory in the first eight months, including many for export, according to data from the China Passenger Car Association. Tesla has not announced details on the factory’s production.

The sources requested anonymity, as they were not allowed to speak to media. Tesla did not immediately respond to a request for comment.

StarCarSifu
StarCarSifu

In August, an official in the area where Tesla’s factory is located said it is expected to product 450,000 vehicles this year, including 66,100 for export.

Tesla is hiring managers for legal and external relations teams in China as it faces public scrutiny in the country over data security and customer service complaints. ― Bloomberg

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China's industrial profit growth moderates as exports cushion uneven recovery
Local retailers return to net buying with RM223.1mil inflow- MBSB IB
Ringgit opens higher vs US$ ahead of state poll
Indonesia central bank governor Perry Warjiyo steps down in surprise move
FBM KLCI picks up as oil prices subside on Gulf lull
How Singapore's unique monetary policy works
Shares, bonds bounce as oil skid offers inflation relief
Trading ideas: Lagenda, YNHP, Cyberjaya, Proton, CIMB, PRG, Meridian, Destini, Unisem, TNB
Oil slips 5% after US, Iran pause fighting over weekend
Nvidia to invest US$1bil in Naver, expand accord

Others Also Read