Beijing | The 84-hectare Tesla factory complex going up 80 kilometres south-east of downtown Shanghai signals a shock wave that is about to hit the world's largest auto market.
The US electric car-maker is expected to bring a new level of competition to China's chaotic, crowded and heavily subsidised new-energy vehicle market, also the world's largest. Policymakers have long courted domestic competition from Tesla to help rationalise the industry and are doing all they can to advance the project.
caixin