Tesla Shanghai Plant to Start Partial Operations in Next Yearโ€™s Second Half โ€“ Yicai Global

What happened: American car manufacturer Tesla will begin partial operations at its Shanghai plantโ€”its first factory outside the USโ€”in the second half of 2019. Leveling at the site is already complete, and the plant is set to move on to the next phase of construction. The factory will integrate research and development, manufacturing, and sales.

Why itโ€™s important: The plant is significant for Tesla and Shanghai. According to Mayor Ying Yong, it is the largest foreign investment-funded industrial project in the cityโ€™s history. In line with the countryโ€™s โ€œMade in China 2025โ€ plan, the city is moving towards advanced manufacturing and emerging industries. As part of the broad strategy, China aims to promote the countryโ€™s high-tech development by focusing on the manufacture of chips, robotics, new energy vehicles, and aviation equipment, among others.

Christopher Udemans is TechNode's former Shanghai-based data and graphics reporter. He covered Chinese artificial intelligence, mobility, cleantech, and cybersecurity.

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