Tesla has commissioned a new megafactory in Shanghai, China, to manufacture energy-storage batteries, known as Megapacks, reported Xinhua. This facility, which is set to contribute to Tesla’s global energy storage goals,

Tesla (NASDAQ: TSLA) has officially started production at its Shanghai battery megafactory, dedicated to manufacturing its high-capacity Megapack energy storage systems, according to Chinas state news agency,

US electric vehicle maker Tesla’s Megapack battery plant began production on Tuesday. Tesla’s Shanghai mega-factory in the Ling-gang Special Area started its operations with an opening ceremony, according to Tesla, which is owned by US billionaire and advisor to the US government Elon Musk.

U.S. carmaker Tesla's new Megafactory in Shanghai, dedicated to manufacturing energy-storage batteries known as Megapacks, launched production on Tuesday, marking a significant expansion of the company's presence in China.

The opening of the $200 million Megapack battery plant in Shanghai highlights Elon Musk’s unusual position as Tesla CEO and Trump administration adviser.

Tesla's battery megafactory in Shanghai, for manufacturing its megapack batteries, has launched production on Tuesday, Chinese official news agency Xinhua said.

U.S. carmaker Tesla's new Megafactory in Shanghai, dedicated to manufacturing its energy-storage batteries, known as Megapacks, launched production on Tuesday, marking a significant expansion of the company's presence in China.