Tesla Has a "Green Light" to Start Production in China

Tesla gets green light to start producing EVs in China

Workers are seen at the construction site of USA electric carmaker Tesla's Gigafactory in Shanghai, China September 28, 2019.

Tesla was included on a list of vehicle manufacturers that China's Ministry of Industry and Information Technology released Thursday for consideration for approval and public review, which runs to October 23.

Reuters revealed recently that Tesla intends to begin generation at its China industrial facility this month.

The rundown was distributed by the Ministry of Industry and Information Technology. Song Gang, Director of Manufacturing for Tesla Greater China, said: "State Grid Shanghai Electric Power Company has started cooperating with us in all dimensions, and carried out preparatory work for the project in advance". Tesla could start production at any time, as informed by Zhang. Tesla is permitted to begin production immediately. Tesla's gigafactory is the first entirely foreign owned auto factory in China. Considering uncertainties around deliveries, manpower, and distributors, it is unknown when it will reach year-end production targets.

"We aim to start some production in October, but the actual production volume depends on many factors including auto orders we received, performance of newly hired workers, supply chain and so on", a Tesla source told Reuters.

The electric vehicle maker plans to produce a minimum of 1,000 model 3s per week from the Shanghai factory by year end. China has exempted Tesla from a 10% sales tax, and the company - founded by Elon Musk - has also secured hundreds of millions of dollars in loans from local banks.



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