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The American company has been conducting lengthy negotiations to open its own factory in China to help it increase its share of China's growing electric car market and avoid high import duties .
Tesla, an American manufacturer of electric cars, signed on Tuesday an agreement with the Shanghai authorities allowing it to open a factory in this Chinese city with an annual capacity of 500,000 cars.
More specifically, according to the website of Knews, affiliated with the Shanghai Shanghai Media Group, Tesla has signed agreements with the Shanghai City Hall, the Development Office and the Lingang Group
. opening its own factory in China to help increase its share of the Chinese fast-growing electric car market and avoid high import duties
More expensive cars in China
Tesla has been The first automaker Monday (July 9) (1969003)
The rise in Chinese tariffs on imports of US goods in the context of a growing trade dispute between the two largest economies worldwide
D & # 39; other manufacturers are likely to increase their prices for their vehicles, the X and S models in China.
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