Tesla is inching ever closer to its China dream.
Tesla is working with the Shanghai Municipal Government to explore the possibility of establishing a manufacturing facility in the region to serve the Chinese market. As we’ve said before, we expect to more clearly define our plans for production in China by the end of the year. Tesla is deeply committed to the Chinese market, and we continue to evaluate potential manufacturing sites around the globe to serve the local markets. While we expect most of our production to remain in the US, we do need to establish local factories to ensure affordability for the markets they serve.
The announcement follows more than a year of speculation that the
electric-vehicle maker would set up shop in China, and confirms that
Tesla is altering its China strategy away from merely exporting vehicles
in order to reach more Chinese consumers.. Earlier this year, Musk made
a stealth visit to China to visit Wang Yang, one of the nation’s highest-ranking officials, to discuss Tesla’s plans.
See Full Article at https://qz.com/1012903/tesla-tsla-is-shifting-gears-in-china-by-manufacturing-its-its-own-cars-there/ .
Tesla is working with the Shanghai Municipal Government to explore the possibility of establishing a manufacturing facility in the region to serve the Chinese market. As we’ve said before, we expect to more clearly define our plans for production in China by the end of the year. Tesla is deeply committed to the Chinese market, and we continue to evaluate potential manufacturing sites around the globe to serve the local markets. While we expect most of our production to remain in the US, we do need to establish local factories to ensure affordability for the markets they serve.
See Full Article at https://qz.com/1012903/tesla-tsla-is-shifting-gears-in-china-by-manufacturing-its-its-own-cars-there/ .
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