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Tesla was met so many restrict before enter Chinese market, from the trademark was registered, to the floor facing policy restrictions had not established foreign car companies in the Chinese owned factories the first column, but in the face of China the world's largest new energy vehicle market, Tesla CEO Elon Musk, never give up.
After a lot of breakthroughs, there have been news that Tesla will build a wholly-owned factory in Shanghai. Ministry of Commerce spokesman said publicly at the peak, the current Tesla is working with the relevant departments of the Shanghai municipal government to communicate. In addition, China Automobile Industry Association executive vice president Dong Yang said that the new energy vehicle share ratio restrictions will relax, as early as next year will allow foreign funded new energy automobile enterprises in the free trade zone to build wholly-owned companies.
Reduce the foreign capital to build a factory or access threshold
Elon Musk has built factories in Chinese plan, as early as January 2014, he said to China media, Tesla will build factories in China, China supply demand.
Three years ago, the delay has not yet landed, the main problem facing Tesla is whether to establish joint ventures with local enterprises in china. According to the relevant policies of China, foreign auto companies in China need to establish joint ventures with local enterprises, and the share ratio of Chinese enterprises should not be less than 50%. And Tesla's strategic plan is to build a wholly-owned factory in the global market needs, in addition to the current super factory in the United States, Tesla has a plan to build a new factory in Europe and china.
In June this year, foreign media reported that Tesla will set up factories in Shanghai, and Shanghai port (33.110, 0.70, 2.16%) [Stock] to form a joint venture company, then the news was denied Shanghai harbor. But Tesla insisted that by the end of this year, Tesla plans to produce cars in China will be more clear.
Time to the fourth quarter, Tesla is able to fall in China has reached a critical period. Last week, the Wall Street Journal reported that Tesla had reached an agreement with the Chinese government in Shanghai and will build production facilities in the Shanghai free trade zone. At the same time, Tesla China also told the media, in order to better serve the Chinese market, Tesla is working with the Shanghai municipal government to explore the possibility of building factories in the region.
Although the Shanghai municipal government cautiously said that there was no agreement on the establishment of a wholly-owned manufacturer of Tesla in Shanghai Free Trade Zone signed agreement. But the Ministry of Commerce spokesman confirmed the current peak, Tesla and the Shanghai municipal government to actively communicate, for the strategic emerging field of investment, he said, welcome, will be based on the spirit of nineteen, greatly ease market access.
Sole proprietorship in the free trade zone is still related to the tax
Last week, the executive vice president of Chinese Automobile Industry Association Dong Yang said publicly that "new energy vehicles share ratio limit will be relaxed, early next year will allow foreign enterprises to establish a wholly owned company of new energy vehicles in the free trade zone."
Tesla will become the first foreign investment in new energy vehicles in China free trade zone to build wholly-owned companies.
It is understood that, in order to avoid the relevant policies in China related to foreign automobile enterprises joint venture regulations, Tesla or will be built in Shanghai Free Trade Zone, as a price, Tesla is still facing 25% tariff. Nevertheless, this is the first time that the Chinese government has allowed carmakers to establish wholly foreign-owned automobile factories in china.
According to industry analysts, Tesla is still in the free trade zone construction, customs duties, VAT, and many, but there are a lot of advantages in terms of cost, including transportation costs, parts procurement cost and manpower cost etc.. Moreover, Tesla will be able to better understand the needs of the Chinese market faster and more timely, and better serve the Chinese consumers after the construction of the factory in china.
According to the reporter, recently, Tesla has launched large-scale campus recruitment, the total number of jobs close to 500 people. The direction of the recruitment of Tesla mainly for sale, after-sales, engineering and IT, etc., the region is distributed in Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou, Wuhan and other most of the first and second tier cities.
Although Tesla this round of recruitment and no and build factories or manufacturing related posts, but the industry believes that this is a signal of Tesla further large-scale development in China, or for the domestic Tesla pre bedding.
