News about the global automotive industry with a focus on developments that matter most for the China market.

Tesla’s opening a gigafactory in China
The US-China trade war is hurting America's biggest electric car maker – but maybe not for long. Tesla has had to raise its China prices by 20%, in response to retaliatory tariffs on US imports to China. But now Tesla has announced that it is about to set up its first overseas assembly plant in Shanghai, establishing a beachhead in the world’s largest vehicle market. The California-based carmaker will establish its Gigafactory 3 on the outskirts of Shanghai, with an annual capacity to produce 500,000 vehicles, according to an announcement. The wholly foreign-owned plant – the first in China to operate without a local partner – will also be the largest overseas manufacturing investment in the
Tesla’s opening a gigafactory in China