Tesla’s newly launched Megafactory in Shanghai has successfully exported its first batch of Megapack energy storage batteries, marking a significant milestone in the company’s global energy storage expansion. The batteries, shipped from Shanghai Port to Australia, were exported just over a month after production commenced.
This achievement highlights Tesla’s growing presence in the energy storage market, demonstrating its commitment to extending battery technology beyond electric vehicles. The Shanghai Megafactory, the first of its kind outside the United States, will cater to both domestic and Asia-Pacific markets.
The Megapack is a lithium-based electrochemical energy storage device, offering advantages such as shorter construction periods, flexible layouts, and fast response times compared to traditional pumped storage systems.
Built with an initial annual production capacity of 10,000 units, the Shanghai facility reinforces Tesla’s leadership in energy storage solutions. Each Megapack unit stores over 3.9 megawatt-hours of energy, capable of powering approximately 3,600 households for one hour.
Tesla expects a year-on-year increase of at least 50% in energy storage deployments by 2025.
“Megafactory gives us the ability to scale production and efficiency,” said Mike Snyder, vice president of Tesla. “We can lower logistics costs as well as product costs, and grow the business to new markets.”
