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Tesla Giga Shanghai has achieved an annualized vehicle production rate of 450,000 Model Y and Model 3 vehicles, according to Chinese social media figures recently invited to the plant.
YouTuber based in China MickeyworksTV recently shared details about Giga Shanghai’s current operations, including its vehicle production. With a production rate of 450,000 vehicles at Giga Shanghai, Tesla could be closer to beating its forecast for 2020. In its Q4 2020 update letter, Tesla predicted that Giga Shanghai was on track to achieve a Annual production capacity of 450,000 Model Y and Model 3 vehicles. Based on recent local reports, Tesla China has met these targets and may be on the right track. 500,000.
Last year, Tesla set a target of delivering 500,000 vehicles and nearly hit its targets, delivering a total of 499,550 in 2020. The US automaker has not set a target for this year but is looking for to beat its sales and deliveries in 2020. Tesla Giga Shanghai The annualized production rate would be a good metric to gauge whether or not the company could beat its 2020 delivery numbers and how much it could exceed it.
So far, Tesla appears to be maintaining an excellent pace to beat its forecast for 2020. In the first quarter, the electric vehicle maker delivered 184,800 vehicles, all Model 3s and Ys. Tesla planned to deliver the Model S Plaid in the first quarter. quarter, but faced challenges due to the global chip shortage and COVID. During the last quarter, Tesla delivered 201,250 vehicles, including the Model S Plaid.
During the second quarter earnings call, Tesla announced that Giga Shanghai has become its main vehicle export center. Tesla China will likely play a bigger role in exports to Europe in the third quarter and close the output gap that Giga Berlin was supposed to fill.
Production of the Model Y at Giga Berlin was due to start in July, but was delayed due to the publication of the final permit for the facility. However, Tesla is continuing deliveries of the Model Y to Europe for the third quarter using Giga Shanghai exports. Recently, Tesla’s senior key account manager in Munich, Daniel Riek, announced that the Model Y has officially arrived in Europe.
A few Tesla Model Y reservation holders in Europe said they received delivery dates in August. As of this writing, Tesla’s configurator says estimated delivery dates for customers ordering Model Ys are now September. This suggests that Tesla still seems on track to exceed its forecast for 2020.
Watch MickeyworksTV’s visit to Giga Shanghai below!
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