USA TESLA to establish manufacturing Plant in China for China Market

22-THURSDAY JUNE-2017 |BEIJING:

 Tesla Inc is exploring the possibility of establishing a Chinese manufacturing plant with the Shanghai municipal government, the US electric carmaker said on Thursday in a statement.


Tesla has said it wants to build electric cars in China to avoid a 25% tariff on imported vehicles.

In the statement, it said, ”While we expect most of our production to remain in the US, we need to establish local factories to ensure affordability for the markets they serve.” 

Tesla said it expects to ”more clearly define” its China production plans by year end. - By Reuters

 

 

Disseminated Worldwide by;

Public Opinions International

P.o Box 35297 Kampala-Uganda

Tel: 256 701 992 426

Email:This email address is being protected from spambots. You need JavaScript enabled to view it.

Web: www.pubopinions.org