published: 2018-07-11 12:45:00
The Shanghai municipal government says it will provide a level-playing field for foreign companies. This is after Tesla CEO Elon Musk visited Shanghai and signed a deal with the local authorities on Tuesday. The factory, with a planned annual capacity of 500,000 electric cars, will be located in the Lingang Area, along with an electric vehicle R&D center, according to the agreement.
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