BEIJING (Reuters) – Tesla Inc’s Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, capped by a delivery rush in the end of the July-September quarter, despite a global semiconductor shortage, two sources said. The factory makes the electric Model 3 sedans and Model Y sport-utility vehicles for domestic and international markets, including Germany and Japan. Around 240,000 vehicles were shipped from the factory in the first eight months, including many for export, according to data from the China Passenger Car Association. In August, an official in the area where Tesla’s factory is located said it is expected to product 450,000 vehicles this year, including 66,100 for export. (Reporting by Yilei Sun and Brenda Goh; Editing by Dan Grebler and William Mallard)

Source: MetroXpress September 26, 2021 04:30 UTC