The Tesla Giga Shanghai is about to have another production ramp-up.
(Photo : Photo by STR/AFP via Getty Images)
A Tesla Model 3 car is displayed during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. - Tesla CEO Elon Musk presented the first batch of made-in-China cars to ordinary buyers on January 7, 2020 in a milestone for the company's new Shanghai "giga-factory", but which comes as sales decelerate in the world's largest electric-vehicle market.
As of press time, the Gigafactory Shanghai is considered to be the largest manufacturing plant by vehicle production volume.
Now, it is expected to produce more Tesla EV units.
This detail has been confirmed via a planning memo acquired by Reuters from an individual who is familiar with the automaker's works.
Tesla Giga Shanghai EV Production Ramp Up
According to Electrek's latest report, the planned Tesla Giga Shanghai production ramp-up shows that the recent price cuts in China worked.
(Photo : Photo credit should read JOHANNES EISELE/AFP via Getty Images)
To go with AFP story China-auto-show-environment-Tesla,FOCUS by Bill Savadove This picture taken on March 17, 2015 shows Tesla Model S vehicles parked outside a car dealership in Shanghai. Serial entrepreneur Elon Musk has launched spacecraft into orbit, but popularising his Tesla electric cars in China is proving to be tougher than rocket science.
Also Read: Tesla Shares Rose by 33%, Logging its Best Weekly Performance Since May 2013
Previously, Tesla made huge headlines after it reduced the costs of its popular electric cars-Model Y and Model 3-by 6% to 13%.
Because of this, EV orders in Asian countries surged.
However, the price cuts led to some issues. Chinese consumers who missed the huge EV discounts decided to conduct protests.
Although this is the case, many reports showed that the demand for Tesla EVs in the Chinese market is still surging.
20,000 Tesla Units Per Week?
Based on the leaked planning memo, the giant EV maker wants to increase the weekly EV production in Giga Shanghai by up 20,000 units.
The automaker wants to maintain this number from February until March.
In a recent conference call, Elon Musk said that Tesla orders almost doubled in January after the global price cuts.
He added that there's a chance that Tesla could deliver over 2 million EV units before 2023 ends.
The upcoming Tesla Giga Shanghai production ramp-up will surely play a major role in Elon Musk's goals for his EV company.
As of press time, Tesla hasn't shared specific details about its planned Giga Shanghai production ramp-up.
If you want to learn more about this EV factory enhancement, you can click this link.
In other news, Elon Musk pushed the Tesla Cybertruck EV mass production to 2024.
We also reported that the automaker would funnel over $3 billion into its Tesla Giga Nevada expansion.
For more news updates about Tesla and its other EV production enhancements, keep your tabs open here at TechTimes.
Related Article: Tesla China Price Cuts: Consumers Protest-Demanding Rebates After Missing Price Drops
