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Tesla Gets Approval to Start Manufacturing in China

Read the full article on: Reuters.com

SHANGHAI (Reuters) – Tesla Inc was added to a government list of approved automotive manufacturers, China’s industry ministry said on Thursday, as it granted the electric-vehicle maker a certificate it needs to start production in the country. 

The list was published by the Ministry of Industry and Information Technology. 

This means “the green light is fully given to Tesla for production in China,” said Yale Zhang, head of the Shanghai-based consultancy Automotive Foresight. Tesla can start production any time, he said 

Tesla did not immediately respond to an e-mailed request for comment. The $2 billion factory it is building in the eastern Chinese city of Shanghai is its first car manufacturing site overseas.

Read the full article on: Reuters.com

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