Tesla Giga Shanghai plans to produce 550K cars in 2021

Tesla Model 3 export

As Tesla’s Giga Shanghai approaches its first birthday, the automaker is planning to ramp production and manufacture 550,000 vehicles in 2021.

News of the updated production plan comes from “industry insiders” who say Tesla has sent new order requests to core component suppliers. According to a report from sina, those same sources say Tesla will produce 300,000 Model 3’s, with the Model Y making up the remaining 250,000 units.

That represents an increase in the current production capacity of 250,000 Model 3’s per year which was announced in the Q3 2020 update.

Giga Shanghai construction update
Giga Shanghai

 

All of those vehicles won’t be for the Chinese market, as Tesla recently began exporting made-in-China Model 3’s to Europe and other markets. According to the plans, Tesla hopes to export 100,000 Model 3’s and 10,000 Model Y’s next year.

While deliveries of the Model Y have yet to begin in China, all signs are pointing to them starting very soon. Last week the electric SUV was registered with and approved by the Chinese government.

In another sign deliveries are imminent, a camouflaged made-in-China Model Y was recently spotted entering the factory after presumably performing some road testing.

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Founder and Editor-in-chief of Drive Tesla Canada | Darryn@DriveTeslaCanada.ca Have a Tesla tip? Email tips@driveteslacanada.ca, or DM us on Twitter @DriveTeslaca