Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system
CN EV Post
APRIL 9, 2023
Image credit: Shanghai Lingang special area administration) Tesla (NASDAQ: TSLA) is bringing its other major business, energy storage, to China after its electric vehicle (EV) business saw great success here. Megapack is a powerful battery that stores and supplies energy, helping to stabilize the grid and prevent power outages.
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