SHANGHAI, CHINA - APRIL 08: An aerial view of the construction site of Tesla's manufacturing ... [+] facility is seen on April 8, 2019 in Shanghai, China. Some assembly lines at the Tesla Shanghai Gigafactory are expected to be put into use at the end of this year. China is building about 20 “EV towns” for automakers and other industries, part of a $30 billion government subsidy to stimulate electric vehicle sales. The limit will be lifted for commercial vehicle production in 2020, then for all non-domestic manufacturers in 2022. Shanghai authorities have offered Tesla assistance to speed up construction, and China excluded Tesla models from a 10% car purchase tax on Aug. 30.

Source: Forbes October 17, 2019 18:00 UTC