China gives approval to Tesla to start manufacturing in the country.
Tesla has been added to a list of government of approved automotive makers, as per the industry ministry of China, as it granted the electric-vehicle manufacturer a certificate it requires for starting the production in the country.
The list was published by the Ministry of Industry and Information Technology.
Yale Zhang—the head of the Shanghai-based consultancy Automotive Foresight said that this means that green light is completely green for Tesla to start the production in China. Tesla could start production at any time, as informed by Zhang.
Tesla did not respond immediately to an e-mailed request for comment. The $2billion factory it is establishing in the eastern Chinese city of Shanghai is its first manufacturing site present overseas.
As per the reports of Reuters, Tesla plans to start the production at its China factory this month. It is not clear when it would be meeting the year-end production targets because of the uncertainties around orders, suppliers and labour.
Tesla plans to produce at least one thousand Model 3s per week from the Shanghai factory by the end of this year, as it tries to promote sales in the biggest auto market of the world and avoid the import tariffs implemented on the US cars.
Shanghai authorities have offered Tesla assistance to speed up the construction, and China excluded Tesla models from a 10percent car purchase tax on the 30th of August.