Category: Tesla

Tesla shareholders grapple with ‘life after Musk’ succession planning

Post author By Chris Teague
Post date May 16, 2023

Filed under: Green,Hirings/Firings/Layoffs,Tesla,Electric

Continue reading Tesla shareholders grapple with 'life after Musk' succession planning

Tesla shareholders grapple with 'life after Musk' succession planning originally appeared on Autoblog on Tue, 16 May 2023 10:39:00 EDT. Please see our terms for use of feeds.

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China Electric eMobility eV Giga Shanghai Tesla

Tesla applies to expand Shanghai plant, to add pouch-type battery cell capacity, report says

Post author By Phate Zhang/CnEVPost
Post date May 16, 2023

The potential expansion would give the Shanghai factory the capacity to produce 1.75 million powertrains per year, up from the current 1.25 million, according to Reuters.

(Image: Tesla China video screenshot.)

Tesla has applied for regulatory clearance to expand its Shanghai plant and to begin producing pouch-type battery cells for the first time, according to a Reuters report today.

The potential expansion would give the Shanghai factory the capacity to produce 1.75 million powertrain units a year, up from the current 1.25 million, the report said, citing an undated public notice.

It's not clear whether Tesla is committed to moving forward with the expansion or is simply seeking approval for potential, future capacity, the report noted.

Tesla is seeking permission to produce pouch battery cells, and a trial production line would have an initial annual capacity of 20,000 amp-hour cells, the equivalent of one Model Y battery pack, according to the report.

It's not clear how Tesla would use the pouch batteries, which it hasn't used in electric vehicles before, the report noted.

Tesla is also looking to ramp up production of cylindrical 4680 battery cells in China and has brought in new suppliers to reduce costs, according to the Reuters report.

Giga Shanghai is Tesla's largest plant in the world, producing the Model 3 and Model Y, with an annual capacity of about 1.1 million vehicles.

CATL is Tesla's power battery supplier in China, and has a factory near Giga Shanghai that makes battery packs for the EV maker.

Earlier today, Bloomberg cited people familiar with the matter as saying that Tesla is nearing the final stages before starting trial production of its revamped Model 3 sedan in Shanghai.

On April 9, Tesla signed a deal with Shanghai's Lingang authorities to build a new Megafactory in the area, which will be dedicated to Megapack, Tesla's energy storage product.

The Megafactory will be Tesla's first energy storage system factory outside of the US home market, with an initial planned annual production capacity of up to 10,000 commercial energy storage batteries and an energy storage scale of nearly 40 GWh, with products to be supplied to the global market.

The plant is scheduled to start construction in the third quarter of this year and go into operation in the second quarter of 2024.

It is not clear whether the pouch battery cells mentioned in the Reuters report are related to the Megafactory.

Tesla's revamped Model 3 nears final trial production in Shanghai, report says

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China Electric eMobility eV Giga Shanghai Tesla Tesla Model 3

Tesla’s revamped Model 3 nears final trial production in Shanghai, report says

Post author By Phate Zhang/CnEVPost
Post date May 16, 2023

The revamped Model 3 is slightly longer and sportier than earlier versions and has a sleeker interior design, according to Bloomberg.

Tesla's revamped Model 3 nears final trial production in Shanghai, report says-CnEVPost

(Image credit: CnEVPost)

Tesla is nearing the final stages before starting trial production of its revamped Model 3 sedan in Shanghai, a Bloomberg report today said, citing people familiar with the matter.

The revised Model 3 is slightly longer, sportier and has a sleeker interior design than earlier versions, the people said, according to the report.

Since the beginning of this month, some production staff at Tesla's Shanghai plant have been asked to keep their phones in special lockers outside the factory's production line to prevent potential photo leaks, one of the people said.

Production lines in the first phase of the factory could be shut down for a few days at the end of the month for adjustments, though those plans could still change, the report said.

On March 1, Reuters reported that Tesla had been working to retool its Shanghai assembly plant for a revamped version of the Model 3, a project codenamed Highland by Tesla.

The Highland version of the Model 3 is expected to go into production in Shanghai in September, the Reuters report said, citing a person familiar with the matter.

With the Highland, Tesla aims to cut production costs and boost the appeal of the electric sedan, which debuts in 2017, people involved in the project said.

Appearance and powertrain performance will also be changed, with a focus on production efficiency, they said, according to the report.

Giga Shanghai is Tesla's largest plant in the world, producing the Model 3 and Model Y, with an annual capacity of about 1.1 million vehicles.

Tesla sold 75,842 China-made vehicles in April, including 35,886 units exported, according to the China Passenger Car Association (CPCA).

Model 3 sales in China in April were 13,196 units, up 2,290.58 percent from 552 units in the same month last year, but down 39.26 percent from 21,726 units in March.

Model Y sales in China in April were 26,760 units, up 2,687.50 percent from 960 units in the same month last year, but down 51.29 percent from 54,937 units in March.

This is due to the fact that Tesla's sales in China fell sharply last April due to the Covid lockdown in Shanghai, and its pattern of producing vehicles primarily for export in the first half of each monthly quarter.