00:00This is the new Tesla megafactory in Shanghai.
00:05It has kicked off trial production seven months after construction started, says Tesla China.
00:10The facility will focus on producing Tesla's energy storage solution, the Megapack, a large-scale,
00:16rechargeable, lithium-ion battery stationary energy storage designed to store renewable
00:21energy on a massive scale.
00:23They are used by utilities to replace peaker power plants, which generate energy during
00:27periods of peak demand.
00:29With an initial production capacity of 10,000 units annually, the factory is set to generate
00:3440 gigawatt hours of energy storage every year.
00:37Mass production of the Megapack should begin in the first quarter of 2025.
00:42The megafactory is the first of its kind built by Tesla outside the United States.
