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Tesla’s Gigafactory Shanghai has been consistently producing more than half of all Tesla vehicles produced globally, including those built in its plants in California, Texas, and Germany, for the last few years.

In Q1 2024, for example, Tesla produced globally 433,371 EVs, while the Gigafactory Shanghai's volume amounted to 220,876, or 51% of the global result.

Tesla reports only global production data without sharing information related to particular plants, however, numbers can be compared with the China Passenger Car Association's data on wholesale vehicle shipments (local retail sales in China and exports).

Shanghai's contribution appears to be stable at around 51% over the past seven quarters, except for a dip in Q2 2022 at 43.5% (due to some lockdown/plant upgrades at the time), preceded by a 60% share.

Gigafactory Shanghai is currently the world's largest EV factory with a manufacturing capacity exceeding 950,000, according to Tesla's official table in the Q4 2023 report, with cumulative production through the end of Q1 2024 amounting to about 2.5 million units, compared to Tesla's total EV production of 6 million units.

Gigafactory Shanghai produces the Model 3 and Model Y for the Chinese market and exports (Asia, Australia, Europe, Canada and, other markets). 

(multiple sources on April 10, 2024)

Announced on March 6, 2024, Green and Smart Mobility JSC (GSM) launched the “Xanh SM Platform”, the first EV multi-service platform in Vietnam which will further expand the pure electric mobility ecosystem locally.  This sharing business platform will also transform GSM, a subsidiary of Vingroup, from a provider of e-mobility booking/rental services into a technology company.

From March 20, VinFast EV owners nationwide can register to become a transportation service business partner of Xanh SM. This Xanh SM Platform will connect VinFast EV owners who want to drive service vehicles (full-time or part-time) with their customers. It will also enable customers to easily call a car, as the vehicle fleet size increases rapidly.

In addition, GSM also announced its global expansion with 9 target markets by 2025; At the same time, it aims to merge the Xanh SM application in all markets into a single application applicable worldwide.

GSM entered its first foreign market, Laos, in November 2023. Following successful launches in Vientiane Capital and Vang Vieng, Xanh SM Laos has officially expanded its electric taxi service to Savannakhet Province, starting March 1, 2024. Initially, a fleet of 100 VinFast VF 5 Plus cars will be deployed in Savannakhet.

(From Xanh SM homepage and Vingroup press release on March 6, 2024 and on March 1, 2024)

BorgWarner announced it has entered into a strategic partnership with Manufacture 2030, a decarbonization software provider, to effectively measure and reduce its supply chain carbon footprint and support its goal of reducing absolute Scope 3 greenhouse gas (GHG) emissions 25% by 2030. 

Manufacture 2030’s unique AI-powered software platform and support services help measure, manage, and reduce emissions across global supply chains.

Through the agreement, BorgWarner will leverage M2030’s extensive expertise in CO2 reduction and unique software to encourage its direct material suppliers to increase their emissions reduction efforts. 

M2030 will work directly with BorgWarner’s supply base to gather energy usage data related to the manufacturing of products such as electricity, natural gas and more, which will then be fed into an interactive dashboard where emissions and energy reduction efforts can be tracked. 

By utilizing the tool, which provides best practice sharing opportunities for pursuing emissions reduction, BorgWarner will promote collaboration, accountability and engagement across its supply base.

(BorgWarner press release on March 6, 2024)