Tesla Shanghai to manufacture 300,000 cars from January to September despite chip shortage – sources

A Tesla sign can be seen at its factory in Shanghai, China on May 13, 2021. REUTERS / Aly Song / Files

BEIJING, Sept.26 (Reuters) – The Tesla Inc plant (TSLA.O) in Shanghai is expected to produce 300,000 cars in the first nine months of the year, capped by a rush in deliveries at the end of the July quarter- September, despite a global semiconductor shortage crisis, according to two sources.

The plant manufactures Model 3 electric sedans and Model Y sport utility vehicles for domestic and international markets, including Germany and Japan.

About 240,000 vehicles were shipped from the plant in the first eight months, many for export, according to data from the China Passenger Car Association. Tesla has not announced details of the plant’s production.

The sources requested anonymity as they were not authorized to speak to the media. Tesla did not immediately respond to a request for comment.

In August, an official in the region where the Tesla plant is located said it is expected to produce 450,000 vehicles this year, including 66,100 for export. Read more

Tesla is hiring managers for legal and external relations teams in China as it faces public scrutiny in the country over data security and customer service complaints.

Reporting by Yilei Sun and Brenda Goh; Editing by Dan Grebler and William Mallard

Our Standards: The Thomson Reuters Trust Principles.

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