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16 07 2018 01

US electric vehicle maker Tesla Motors has set up a technology innovation center in Beijing, Ren Yuxiang, Vice President of Tesla Motor, revealed in an interview with The Beijing News (in Chinese). The Tesla Beijing Technology Innovation Center was registered last October in Beijing.

Ren told reporters that China is the world’s largest new energy car market, and Beijing is the first stop and headquarters of Tesla’s entry to China as well as one of Tesla’s largest markets in China.

“Beijing is a very important market in China for Tesla, we have to especially thank the Bejing government’s vigorous support and promotion of new energy vehicles,” Ren said, adding that Beijing has set an example for many cities around the world.

It is obvious that Tesla has big plans in China. On Tuesday (Jul 10), during his three-day visit to China, Tesla CEO Elon Musk signed an MOU with the Shanghai authorities to build Tesla’s first factory outside the US in Shanghai, making Tesla the first wholly foreign-owned car maker in China. The upcoming China factory is said to be capable of manufacturing 500,000 vehicles annually.

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