Elon Musk, chief executive officer of Tesla, revealed during an interview that he hopes to find a cooperating partner in mainland China in the
Panasonic reportedly plans to close its Beijing factory which makes lithium batteries for laptops and smartphones.
American electric car maker Tesla has entered the Chengdu market and reportedly delivered its products to consumers in the city.
Terry Gou, chairman of Hon Hai Group, announced that the company will invest over CNY5 billion in Shanxi to develop the electric car industry.
Though Tesla failed to gain a trademark on its name in China, it does now have approval to import and sell cars to Chinese