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Tesla will manufacture electric vehicle chargers in China in 2021

Image source: Tesla

By Yilei Sun and Brenda Goh

Beijing (Reuters)-Tesla plans to begin manufacturing electric vehicle (EV) chargers in China in 2021, according to a document submitted to the Shanghai authorities by a US company aiming to expand sales in the world’s largest automotive market.

Tesla is currently selling a Model 3 electric vehicle in China and plans to deliver a Model Y sport utility vehicle in 2021. The company plans to invest 42 million yuan ($ 6.4 million) in the new plant to manufacture a charger, also known as a charging pile. Near a car factory in Shanghai, according to a document seen by Reuters.

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China, which provides large subsidies to electric vehicles to reduce pollution from gasoline and diesel vehicles, is one of the biggest challenges in promoting EV adoption, a nationwide network of charging points. Is expanding.

According to a document submitted by Tesla, the factory, which Tesla plans to complete in February, is capable of producing 10,000 chargers annually.

Currently, we import chargers from the United States, which are usually installed in charging stations and parking lots.

Tesla, which sold more than 13,000 vehicles in China last month, did not immediately respond to requests for comment.

At the heart of Tesla’s global growth strategy, the Shanghai car factory is aiming to produce 150,000 Model 3 sedans this year and has begun exporting some vehicles to Europe.

Tesla executives said this year that the company will expand its charging network to provide better service.

($ 1 = 6.5732 Chinese RMB)

Report by Yilei Sun and Brenda Goh. Edited by Edmond Blair.

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Source: Reuters

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