Part 2/10:
The new Shanghai Megapack factory is said to be twice the size of its counterpart in California, currently producing 40 gigawatt-hours (GWh) of battery capacity per year. When fully operational, it is expected to ramp up to 80 GWh per year, with plans for a third factory potentially adding even more capacity. This expansion comes at a crucial time when the global demand for energy storage is increasing rapidly.