Tesla will build a factory in China for 500,000 electric cars



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The US company Tesla signed an agreement with the Chinese city government of Shanghai to build an electric car production plant with a capacity of 500,000 units per year.

Reuters relies on local media. ) signed on Tuesday an agreement with the Shanghai authorities that would allow it to open a factory in a Chinese city with an annual capacity of 500,000 cars, "says the statement from the Fairmont Peace Hotel in Shanghai, said the spokesman Anhui Authorities on the conditions of anonymity.Mask will be present at the signing ceremony.

Mask will visit Beijing Wednesday and Thursday

Factory will be located in Lingang region near the Shanghai Yanshan outpost, and construction is expected to begin next year.

See also: Media: Tesla refused to test the brakes to accelerate the production of model 3

In addition, the company will become Tesla's first factory outside the United States.

] Last week, the company raised its prices in China after the introduction by Beijing of import duties on imports The cost of the Model S sedan and the Model X crossover increased over the weekend from 150,000 to 250,000 yuan ($ 22,600 – $ 37,600) depending on configuration.

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