A rendering of CATL's plant in Lingang. Image credit: Lingang New Area management committee

CATL has officially started building a $440 million factory next to Tesla Giga Shanghai. The project with a total area of about 350,000 square meters will be completed and put into operation within a year.

CATL Officially Starts Building $440 Million Factory Next to Tesla Giga Shanghai comes via ChinaTechNews.com.