8,964.10 TRY BIST 100 BIST 100
4.87 CNY CNY CNY
34.22 USD USD USD
37.44 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
79.26 USD Fossil Oil Fossil Oil
31.23 USD Silver Silver
4.43 USD Copper Copper
106.44 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,916.04 TRY Gold (gr) Gold (gr)

Production at Tesla's Shanghai factory reaches 3 million threshold

It was announced that the 3 millionth vehicle was produced at Tesla's Shanghai factory.

Production at Tesla's Shanghai factory reaches 3 million threshold

The US-based electric vehicle manufacturer has passed an important milestone at its factory in Shanghai, China. According to the company's statement, this vehicle was rolled off the line as the “Model Y” brand full electric car.

The factory started operations in January 2019, and it took more than 30 months to reach the 1 million vehicle production threshold, but thanks to increased production capacity, the transition between 2 million and 3 million was realized in just 13 months. The Shanghai plant produced its 2 millionth vehicle in September 2023.

In the first 9 months of this year, the number of cars produced by the factory reached 675,000, accounting for more than half of Tesla's global production. Shanghai is Tesla's largest production facility outside the US, and most of the vehicles produced here are exported to Asia Pacific countries and Europe outside China. Around 1 million of the 3 million vehicles produced have been sold in Europe and Asia-Pacific markets.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Thyssenkrupp calls for quick solution to steel crisis

Sunday, October 13, 2024

Nippon Steel announces plans to sell 50% stake in Calvert joint venture

Friday, October 11, 2024

Achv Aceros to establish two new ERW tube mills in Monterrey

Sunday, October 13, 2024

Algeria issues ban on import of specific steel products amid push for domestic production

Friday, October 11, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now