Tesla plans to produce electric car chargers in China
Tesla Inc said Thursday that it plans to start manufacturing electric vehicle (EV) chargers in China in 2021, as part of the U.S. automaker’s efforts to boost sales in the world’s largest auto market.
Tesla, which now sells its Model 3 electric cars in China and plans to deliver its Model Y sport utility vehicles in 2021, plans to invest 42 million yuan ($6.4 million) in a new plant to manufacture its third generation. charger, known as the Supercharger V3, he said in a statement.
The plant will be near its automobile plant in Shanghai.
China, which offers heavy subsidies for electric vehicles in an attempt to reduce pollution caused by gasoline or diesel cars, has expanded its nationwide network of charging points, one of the biggest challenges in encouraging uptake of electric vehicles. electric vehicles.
The plant, which Tesla plans to complete in the first quarter of next year, will have the capacity to manufacture 10,000 chargers per year, Tesla said.
Tesla, which sold more than 13,000 vehicles in China in October, said it would expand research capabilities in Shanghai.
China now imports EV chargers from the United States, typically installed in charging stations or parking lots.
The Shanghai auto plant, central to Tesla’s global growth strategy, aims to produce 150,000 Model 3 sedans this year and has started exporting some vehicles to Europe.
Tesla executives said this year that the company will expand its charging network to provide better service.