In 2019, Tesla built its first car factory in China, Gigafactory Shanghai (Gigafactory 3), with a capacity of 750,000 vehicles per year. It took only four years for the factory to produce the 2 millionth vehicle.
Gigafactory Shanghai is the largest in the world and the first Tesla factory to open outside the US. With a size of 860,000 m2, in addition to the production of vehicles, the factory is also used for the production of components and testing. This factory produces the Model 3 and Model Y. In July, the factory produced the millionth Model Y, whose production began in January 2021.
The factory has become an export center for the American electric car manufacturer. By the end of July, more than 215,000 Tesla vehicles were exported worldwide, while more than 325,000 cars were sold on the domestic market. Electric vehicles produced in GF3 are exported to Asia-Pacific, Europe and North America. Currently, the factory’s supply chain consists of 95% locally produced components, while 99.99% of employees are local residents.
Since last year, a series of upgrades have begun in preparation for the facelifted Model 3 that was unveiled on September 1st. The new Model 3 is expected to further boost Tesla’s sales in China. It was recently announced that the factory can produce one car in just 40 seconds.
Source: Tesla