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Mar 21,2024 | DAXTROMNSOLAR
Tesla to expand Shanghai plant, increase pouch battery cell production
Tesla has applied to significantly expand its Shanghai plant in order to increase the production of pouch battery cells. The company aims to boost its output of these cells, which are crucial components of electric vehicle batteries. The expansion plan comes as Tesla aims to ramp up production in China, the world's largest auto market. This move is in line with the company's strategy to localize production and reduce costs. The Shanghai plant is currently Tesla's only vehicle assembly factory outside of the United States.
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(Views expressed in this article are solely my own and do not reflect the views of Reuters.)
