Tesla is preparing a factory in China that will produce 500,000 cars a year

Tesla plans to build a factory in China with a capacity of 500,000 vehicles a year. Ilan Musk's company is expected to sign a memorandum of understanding with local authorities in Shanghai, according to Bloomberg sources. Muss will also be in the city himself as he will participate in another event.

If the intention of the new factory takes place, it will be the company's biggest step outside the United States up here. With his help, Tesla is preparing to avoid possible damage caused by the escalation of the trade war between China and the United States

The Ilean Musk Company is striving to increase its capacity and reach global markets more efficiently. The only factory to bademble its electric cars is in Fremont, California.

Tesla registers its own company in China

An important step for the company

After progressing in China, the largest electric car market in the world Tesla is committed to unveiling its plans to build a plant in Europe by the end of 2018.

Muss has been studying electric vehicle production in China for some time. Recently, for American automakers, it has become even more imperative to have factories in the country. Beijing has increased import duties on cars produced in the United States to 40%, which led Tesla to increase its prices of electric cars in China

A factory in China will reduce the cost of delivery of cars of Muk and Could Reduce Costs of Component Delivery

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In November, Mukk announced that Tesla will start production of the world's largest car market in three years. The factory will manufacture several hundred thousand cars a year for buyers in China and in other parts of Asia.

The company is expected to bademble the smallest Model 3 sedan and the next Model Y Crossover in China instead of the expensive Model S or SUV Model X, which typically cost more than $ 100,000 in the US, Musk said on Tuesday. Late last year

German electric cars arrive at Ilane Muss and Tesla

from the United States because it has a lot more of capacity and experience

iata is a tremendous growth opportunity for Tesla and its rivals such as BMW and Daimler, who seek to profit from the booming market

The sale of new energy vehicles in the country (battery-powered electric cars, plug-in hybrids and fuels). cage) reached 777,000 units last year and could exceed 1 million this year, according to the forecasts of the Chinese Automobile Manufacturers Association

The government goal is to reach sales of 7 million vehicles per year by 2025

Tesla with a major breakthrough on the largest automobile market

Muss has reached conditions that remain a miracle for other manufacturers

Tesla sold nearly 14,800 vehicles in China last year, according to LMC Automotive data. This represents about 3% of the market for electric vehicles powered by the country, which gives the US brand the 10th place in the segment. The Chinese market accounts for about 17% of Tesla's revenue for 2017.

The increase in production is crucial for a car maker to be able to self-finance while pursuing Muss's mission of to move the world to battery transport.

Tesla produced 5031 model 3 units in the last week of the second quarter at the Fremont plant, reaching the key goal that Musk believes to be crucial to generating money and profits . The largest charging station in Shanghai in the world “/>

Tesla opens in Shanghai the largest charging station in the world

Can be used simultaneously by 100 electric cars