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Electric Vehicle Builder i Tesla Company Installs Its First Factory Outside The United States in China . Tesla announced that in the near future, Shanghai will begin construction of its plant in Shanghai
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The company plans to start production in Shanghai in 2 to 3 years, and plans to produce 500,000 vehicles a year he explained.
In a statement made by the Shanghai City Government, Tesla General Manager Elon Musk, Shanghai Mayor Ying Yong and other officials allegedly signed an agreement to establish the factory. In the explanations, the factory is considered the largest foreign investment in Shanghai.
15 EXPORT TAXES Tesla, which started selling electric vehicles in 2014 in China, adds 15% tax to imports to vehicles sent from California to the country .
Tesla imposed an additional 25% import duty on the US government in retaliation for the fact that US President Donald Trump increased tariffs.
The company said that electric vehicle sales in China rose 82 percent last year to 468,000.
At the same time, the announcement of Tesla was made to a time when investment in China was a trade war between the United States and China.
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