Tesla rumored to be working on new factory in China, rumored specific location denies
Tesla is reportedly working on a new factory in China. Media reports suggest the automaker already had a specific location in mind.
The company has denied the rumor of the location, but it seems to confirm that a second factory is indeed underway.
Lately, there have been several rumors that Tesla is looking for a location for a new Gigafactory.
After the publication of recent reports that Tesla had decided to go to Russia, CEO Elon Musk denied the rumor, but hinted that the automaker was indeed deciding on a new plant:
“Tesla has yet to decide on a fourth Gigafactory location.”
A month later, similar rumors are now coming out of China, where media recently reported that Tesla had decided to choose Qingdao as the location for its next plant and its second in the country.
Grace Tao, head of government affairs and public relations for Tesla in China, released statement denying Tesla chose Qingdao, but it seems to confirm that a “second factory” is in the works.
Here is a full official statement:
“Tesla is very honored to contribute to the development of China’s new energy industry and will continue to steadily increase its investment in China. Recently, I have received many media inquiries regarding the second factory, but I cannot answer them one by one. For everyone, the information on the site of Tesla’s second factory on the Internet is not true. Thanks to all the friends who care and support the development of Tesla.
After the success of Gigafactory Shanghai, it would make sense for Tesla to increase its industrial presence in the country.
The automaker achieved an annualized production capacity of 450,000 electric vehicles at Gigafactory Shanghai within two years of starting production at the new plant.
It is possibly the fastest production ramp of any auto factory.
It also allowed Tesla to make Gigafactory Shanghai its new “export hub”, which was previously Fremont Factory.
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