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The first 220 kV power line at Tesla's Shanghai Gigafactory was energized, marking the start of pre-production. The plant has a total investment of CNY 50 billion (USD 7 billion) and a planned annual capacity of 500,000 pure electric vehicles after 2-3 years of construction.
“The Gigafactory will conduct research and development of and manufacture and sell vehicles with an annual production capacity of 500,000 pure electric vehicles after two to three years of construction, per the plan.”yicaiglobal.com
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