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Shanghai municipal government: the establishment of a Chinese factory in Tesla is still in the negotiations

via:CnBeta     time:2018/3/13 19:05:17     readed:347

This incident concerns the parties concerned that whether Tesla's plan to build a manufacturing plant in the world's largest auto market is still in progress or has been shelved.

However, the Shanghai municipal government has indicated that the communication with Tesla has been positive. The two sides have "shared goals", that is, to promote the development of China's new energy vehicle market, which involves all electric and plug-in hybrid electric vehicles.

"Both sides will continue to study the plan in China. The details are still under discussion. Once any information is confirmed, we will announce it as soon as possible. "

Elon Musk has said publicly that Tesla attaches great importance to his development and plans in China.

The US company has been making efforts to manufacture cars in China, but encountered difficulties in negotiations with local governments, partly due to the fact that musk is eager to completely control any local businesses. At present, China has limited the share of foreign capital to 50%.

Last November, Mask said he wanted the factory to run in 3 years, but Tesla and the Chinese authorities had not announced any agreement.

At present, China is vigorously promoting the development of electric vehicles, which requires foreign car manufacturers to establish joint ventures with Chinese domestic automakers, but they are not allowed to establish sole proprietorships.

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