Tesla has secured a major agreement to build its first grid-scale battery storage station in China, local media outlet Yicai reported Friday.
Key Details:
- Investment Size: ¥4 billion (approx. $556.8 million)
- Partners: Tesla Inc., China Kangfu International Leasing Co., and the Shanghai municipal government
- Technology: The station will use Tesla’s Megapack batteries
- Location: Shanghai, China
The project follows the launch of Tesla’s battery megafactory in Shanghai, which began production of Megapacks in February 2025.
Strategic Significance:
This marks a milestone for Tesla in China's clean energy market, complementing its electric vehicle footprint and aligning with Beijing’s push for renewable energy storage solutions.
Tesla’s Megapacks are large-scale lithium-ion battery systems designed to store renewable energy and stabilize electrical grids — a critical need as China expands its solar and wind power infrastructure.
The project also signals growing US-China collaboration in clean technology despite ongoing geopolitical and trade tensions.
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