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IPFS News Link • Transportation

China To Remove JV Requirements For Foreign Automakers, Tesla Wins

• https://insideevs.com, MARK KANE

The Beijing National Development and Reform Commission (NDRC) said that this year requirements will be removed for New Energy Vehicle and special-use vehicles.

In other words, companies like Tesla would be able to set up a production facility for the Model 3 or Model Y in China on its own, with no need to establish a joint venture with a Chinese corporation.

This is exactly what Elon Musk wanted to see happen.

In the longer term, China will remove the requirements for commercial vehicles by 2020 and passenger cars (non plug-ins) in 2022.


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