The Tesla Shanghai Gigafactory is the biggest EV factory in the world at present.
Tesla officially confirmed that it has manufactured one million electric cars with the latest unit that it built on August 13. When production of electric vehicles at the Tesla Shanghai factory began in 2019, it initially only produced Tesla Model 3. Later, the factory began producing the Tesla Model Y as well. Elon Musk, the CEO of Tesla, congratulated the team on reaching the production milestone on Twitter.
Musk added that the EV company’s cumulative production numbers have surpassed three million as this objective was attained. By the end of the second quarter of the current year, the company’s installed manufacturing capacity was estimated to be over 1.9 million units. And at this rate of production, it’s possible that Tesla will build five million electric vehicles worldwide in the near future.
The Tesla Shanghai Gigafactory is currently the world’s biggest EV factory which as per the latest quarterly report is capable to produce more than 7,50,000 units of Tesla Model 3 and Model Y EVs. According to an InsideEVs report, Tesla’s Vice President of External Affairs shared that more than 95 per cent of the parts used at the Tesla factory are produced from local suppliers, while 99.9 per cent of the employees are Chinese.
Past reports have suggested that with the level of localisation that Tesla aims for, the company is also thinking of designing and developing an electric vehicle in China.
Apart from its Shanghai factory, Tesla also has manufacturing hubs in Fermont, Texas and the latest Berlin, Germany. The latter recently started production after multiple delays because of opposition from various environmental groups. Tesla is also thinking to build another factory in Canada.