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October 22, 2017 05:01 pm -04
It's difficult for foreign car makers to crack the Chinese market. Unless they're willing to partner with a local brand (and thus give up both profits and technology), they have to pay for shipping vehicles and swallow a 25 percent import duty fee. T...
Original Link: https://www.engadget.com/2017/10/22/tesla-said-building-ev-factory-in-shanghai/
Tesla reportedly lands deal to build an EV factory in Shanghai
It's difficult for foreign car makers to crack the Chinese market. Unless they're willing to partner with a local brand (and thus give up both profits and technology), they have to pay for shipping vehicles and swallow a 25 percent import duty fee. T...Original Link: https://www.engadget.com/2017/10/22/tesla-said-building-ev-factory-in-shanghai/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget