Tesla plans Shanghai factory for power storage: Reports

Tesla Inc. a American multinational automotive line ups to establish a industry in Shanghai to make power-storage equipments for sale globally, state media reported Sunday.

As per the reports of Xinhua News Agency the idea to build factory makes a estimation of atleast ten thousand (10,000) mega pack units output per year.

The announcement comes after the signing event in Shanghai.

By Priyanka Bhowmick

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