Tesla completes production capacity expansion at Shanghai plant – Shanghai govt
© Reuters. A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song/File Photo
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SHANGHAI (Reuters) -Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies’ environmental information disclosures.
Tesla (NASDAQ:TSLA) will test the production lines for the upgrade during From Sept. 19 to Nov. 30, the statement added.
Reuters previously reported Tesla had been ramping up its output to reach a target of producing around 2,200 units of Model 3 and Model Y cars per week at the Shanghai plant.
Tesla did not respond to a Reuters request for comment.
The U.S. automaker planned to invest up to 1.2 billion yuan ($170 million) to expand production capacity at its Shanghai factory that would allow it to employ 4,000 more people at the site, state-backed Beijing Daily newspaper reported last November.
The project was originally expected to be finished in April, the Chinese media reported then.
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