Tesla's ambitious plan to boost auto production in Shanghai, its most valuable plant globally, hinges on China's approvals to develop 70 hectares (172 acres) of former farmland that is currently overgrown with wildflowers.
A view of a Tesla sign at its factory in Shanghai, China June 12, 2023. REUTERS/Aly SongTesla has aimed to produce 450,000 cars a year at new siteambitious plan to boost auto production in Shanghai, its most valuable plant globally, hinges on China's approvals to develop 70 hectares of former farmland that is currently overgrown with wildflowers.
"You could argue that as Tesla, I've got new products, I need to have a new factory to build them in," he said. "But viewed from the China government's point of view, all they see is a market that's oversupplied." After meetings with senior Chinese officials including Vice Premier Ding Xuexiang, Musk told a small group of Tesla staff that he saw "positive progress" in discussions about the expansion without elaborating, said the person, who was not authorised to speak publicly.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
China’s BYD overtakes Tesla in the EV marketChinese electric vehicle maker BYD, which has just released an $11,000 hatchback, has ambitious international plans. But can it crack the American market?
Consulte Mais informação »
Nio ET5 Touring is an attractive electric wagonNio, often billed as China's Tesla, has launched its first electric wagon.
Consulte Mais informação »
China's Xi tells Bill Gates he hopes US-China friendship will continueXi Jinping called Bill Gates ‘an old friend’ and said he hoped they could carry out activities together beneficial to both China and the United States, in the Chinese president's first meeting with a foreign entrepreneur in years
Consulte Mais informação »
Piaget, Jaeger-LeCoultre, Dior Celebrate Local Filmmakers During Shanghai International Film FestivalAs the largest film festival in Asia and China‘s only competitive feature film festival, SIFF returned to its physical format after being canceled, postponed or hosted virtually during the three-year COVID-19 crisis.
Consulte Mais informação »
Ildikó Enyedi Talks Process and Precision in Shanghai Festival MasterclassHungarian director and screenwriter Ildikó Enyedi brought some art-house royalty to the Shanghai International Film Festival this week with a masterclass that focused on her process and the struggl…
Consulte Mais informação »
China Uses AI Camera to Capture Jaywalkers and Publicly Shame ThemA Chinese video surveillance system is publicly shaming people who jaywalk.
Consulte Mais informação »