A possible rule change by Beijing could make it easier for Tesla to manufacture its vehicles in China. Tesla has long dreamed of planting its flag in China, the world’s biggest market for electric vehicles, but finds itself the only notable auto maker without public plans to manufacture electric vehicles there. Last year, in a comparable move, China allowed foreign battery companies to set up wholly owned companies in selected free-trade zones, including Shanghai. The free-trade-zone plan for electric vehicles would be more cosmetic than a game changer for many companies, said Jing Yang, an associate director at Fitch Ratings. Photo: Andy Wong/Associated PressOther foreign auto makers are overcoming their concerns about intellectual-property protection by building entry-level EVs with no cutting-edge technology.
Source: Wall Street Journal September 25, 2017 09:33 UTC