On April 9th, the signing ceremony for the Tesla Energy Storage Super Factory project was officially held in Shanghai. Wu Qing, member of the Shanghai Municipal Party Committee Standing Committee and Executive Vice Mayor, Zhu Xiaotong, Senior Vice President of Tesla, Chen Jinshan, member of the Shanghai Municipal Party Committee Standing Committee, Secretary of the Party Working Committee and Director of the Management Committee of Lingang New Area, and Li Zheng, Vice Mayor of Shanghai, attended and jointly witnessed the signing ceremony. Wu Xiaohua, Deputy Secretary of the Party Working Committee of Lingang New Area, and Tao Lin, Vice President of Tesla, signed a contract on behalf of both parties to witness Tesla's once again "dream linkage" with China. The new project is planned to be put into operation in the second quarter of 2024. It is understood that the Tesla Energy Storage Super Factory will plan to produce Tesla's ultra large commercial energy storage batteries (Megapack). Initially, it is planned to produce up to 10000 commercial energy storage batteries annually, with a storage capacity of nearly 40GWh, and product offerings covering global markets. The Tesla Energy Storage Super Factory project is scheduled to commence in the third quarter of 2023 and commence production in the second quarter of 2024. Zhuang Mudi, Deputy Secretary General of the Shanghai Municipal Government, said, "Five years ago, the Tesla Shanghai Super Factory project created a globally renowned 'Shanghai service and port speed', helping Shanghai become a new highland for the development of the new energy vehicle industry. Today, we will witness the signing of the Tesla Energy Storage Super Factory project, which will undoubtedly become an important force in promoting the development of Shanghai's new energy storage industry and green and low-carbon transformation, It is an important measure taken by Tesla to improve its global production layout and implement its vision of accelerating the world's transition to sustainable energy. It will undoubtedly promote the development of Shanghai's new energy storage industry and green and low-carbon transformation. It also highlights Shanghai's clear attitude of increasing its attraction and utilization of foreign investment, continuously creating a market-oriented, legal, and international business environment, and helping to boost the confidence and strength of foreign enterprises to invest in China. Recently, a reporter from Shanghai Securities News conducted in-depth research on building a new energy industry cluster highland in Lingang. Under the spring breeze, Tesla's Shanghai Super Factory is bustling with production and production of Tesla Model 3 and Model Y models day and night. At present, one car is taken offline every 45 seconds in the factory, "said Zhu Xiaotong, Tesla's global vice president. The production efficiency here is the highest among all Tesla factories. The launch of the "engine" of Tesla's Shanghai super factory is inseparable from the institutional innovation at the port. The first phase of the factory covers an area of 157000 square meters, with a large volume and complex construction. Only 9 construction permits were issued. If we follow the traditional approach of administrative approval, issuing one certificate means a "wait". By exploring and experimenting with a new mechanism of "filling gaps after capacity", on the one hand, construction permits are issued near the port, and then the construction party completes the mechanical and electrical engineering drawings to ensure that all approval processes are legal and compliant; On the other hand, Lingang has listed a negative list, and as long as it involves acceptance of safety, environmental protection, and other issues, it must adhere to the bottom line. The innovative institutional arrangement has achieved the "Tesla Speed". In addition to vigorously developing the new energy vehicle industry, the Lingang New Area has also formed a relatively complete industrial chain layout in the field of "wind light hydrogen electricity production storage use". With high-tech barrier blade manufacturing as the core, it gathers a group of globally renowned brands such as Siemens Gomesa, Shanghai Electric, and Aigang Wind Power