Tesla operates 4 electrical automotive factories world wide—in California, China, Texas and Germany. Nonetheless, one among them is essential from the amount perspective: Tesla Giga Shanghai in China.
Because it seems, the manufacturing facility in Shanghai persistently produced greater than half of all Tesla electrical vehicles in the previous couple of years.
Tesla’s EV manufacturing just lately decreased
Within the first quarter of 2024, Tesla produced globally 433,371 electrical autos, 2% lower than a 12 months in the past. The wholesale quantity in Shanghai amounted to over 220,000, additionally down virtually 4% year-over-year.
Tesla experiences solely world manufacturing information with out sharing particulars associated to specific crops. Nonetheless, we will examine the numbers with the China Passenger Automobile Affiliation’s information on wholesale car shipments (native retail gross sales in China and exports).
For instance, in Q1 2024, Tesla produced globally 433,371 EVs, whereas the Giga Shanghai’s quantity amounted to 220,876. That is 51% of the worldwide consequence.
Shanghai’s contribution seems to be secure at round 51% over the previous seven quarters. There was a dip in Q2 2022 at 43.5% (in all probability attributable to some late lockdown/plant upgrades on the time), preceded by a 60% share.
This all signifies the true worth of the Tesla Giga Shanghai, which produces the Mannequin 3 and Mannequin Y for the Chinese language market and exports (Asia, Australia, Europe, Canada and, different markets). Each high-volume and excessive cost-efficiency are vital right here.
The development of the manufacturing facility began in January 2019 and progressed at a tempo and scale unprecedented within the EV business. The primary buyer deliveries of Made-in-China (MIC) Mannequin 3 occurred on December 30, 2019—inside one 12 months. The manufacturing facility was then expanded to provide the Mannequin Y, which entered the market on January 18, 2021.
Now, Giga Shanghai is the world’s largest electrical automotive manufacturing facility with a producing capability exceeding 950,000, in line with Tesla’s official desk within the This autumn 2023 report. Cumulative manufacturing by means of the top of Q1 2024 amounted to about 2.5 million models. For reference, Tesla’s whole EV manufacturing amounted to six million models.
The place of the Tesla Giga Shanghai would possibly stay very sturdy within the subsequent couple of years because the manufacturing facility in Germany isn’t increasing as quick, whereas the brand new manufacturing facility in Texas seems to be extra targeted on ramping up the Cybertruck.