Tesla was allowed to build a new automobile factory in Shanghai on Tuesday. It will be Tesla's first car manufacturing factory outside the United States. The plant integrates R & D, manufacturing and sales functions, and plans to produce 500 thousand electric vehicles annually.
Tesla CEO Elon Musk said Chinese factories would also produce batteries, but did not specify suppliers. Panasonic is currently the sole supplier of Tesla batteries and should therefore be an ideal choice for Tesla China plants.
Yoshio Ito also said today: "batteries are very heavy and flammable, so the possibility of air transportation is very small. The ideal way is to build a battery factory next to the car assembly line.
In addition, Mask also said that Tesla also plans to build a factory in Europe, and is expected to announce relevant news later this year.