© Reuters. A Tesla logo is seen outside a showroom of the carmaker in Beijing, China May 31, 2023. REUTERS/Thomas Peter/File Photo
BEIJING (Reuters) – Tesla (NASDAQ:) on Friday launched its new megapack battery manufacturing project in Shanghai, according to Chinese state media.
A signing ceremony for land acquisition of the project, capable of producing 10,000 megapacks per annum, was held on Friday morning in Shanghai, the official Xinhua News Agency reported.