Tesla became 5th largest electric car maker in China in Jan, report says
Tesla produced 2,625 Model 3s in January before the Lunar New Year holiday on January 25, which ranks fifth in China's electric vehicle industry, according to Teslarati.
The data confirms the approximate rate of 1,000 per week on a single shift, the report said. Before the end of 2019, Tesla that it had been producing 280 vehicles per 10-hour shift, but it planned to raise this number to reach its 3,000-per-week-target. This would require just below 430 vehicles per shift.
Tesla's Shanghai plant is still in the early stages of large-scale mass production. The new electric vehicle production line has not been fully optimized, and production efficiency is expected to be further improved.
Besides the Model 3, the China-made Model Y electric car is expected to start production at the Shanghai plant in 2021, according to Tesla's financial report released last month.
Model Y has been put into production ahead of schedule at the Fremont plant in California, USA, and the plant will begin delivering Model Y at the end of the first quarter of 2020.
By mid-2020, when the expansion is completed, the Model 3 and Model Y assembly capacity at the Fremont plant in California should reach 500,000 vehicles per year.