Tesla announces plans for first overseas plant in Shanghai

2,289 views · Published 14 July 2018 · 1:32 · Indexed 26 October 2026

Channel: South China Morning Post · 2018 · News & Politics

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Despite the US-China trade war, electric car manufacturer Tesla has announced its first overseas plant will be built in Shanghai. Construction will take around two years and it will take another two to three years for the production line to be able to handle manufacturing 500,000 electric cars a year. As China is the world’s largest electric car market and provides favourable regulations to eco-friendly vehicles, the industry is predicted to continue growing.

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