Tesla contributes almost 25% of Shanghai’s auto production

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Tesla Inc. contributed almost one-quarter of Shanghai’s total automotive production value last year, local media reported, in a sign of how quickly the electric car maker has ramped up output in China.

The U.S. company, which rolled out its first car from its Shanghai factory in 2019, generated production value of 183.9 billion yuan ($26.4 billion) in 2022, accounting for 23 percent of Shanghai’s total automotive manufacturing production, Chen Kele, an official at the Shanghai…

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