FILE - A Model X sports-utility vehicle sits outside a Tesla store in Littleton, Colo., June 18, 2023. Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday, May 23, 2024. – Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday.outside the United States.
It said the factory was slated to start mass production in early 2025, with an initial capacity of 10,000 Megapack units a year. According to Tesla's website, each Megapack can store more than 3.9 megawatt hours of energy — enough to power an average of 3,600 homes for one hour. They are designed mainly for utility companies and commercial facilities.
Such storage units have become increasingly important with the growth in solar and wind energy, which only generate electricity when weather conditions are favorable and need to store it for when residential and commercial users need it.making it a major market for energy storage. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.