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China Opens Door For Tesla and Other Foreign Automakers To Produce Electric Vehicles

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88101237 story Posted by msmash on Thursday December 22, 2016 @03:07PM from the open-arms dept. Despite its strong protectionism laws in place that require any automaker wanting to establish production capacity in the country to partner and share its technology with a local manufacturer, China is proposing to relax laws. In an attempt to accelerate electric vehicle production in the country and fight its air pollution problem, China is now proposing to relax those laws for what they call "new energy vehicles," a.k.a. electric vehicles, in order to attract more foreign investments. From a report: The new rules are expected to open the door to Tesla and other automakers who recently expressed desires to establish manufacturing capacity in China to produce electric vehicles. The National Development and Reform Commission and the Ministry of Commerce released the new policy last week, and it is seeking public comment until next month. The new rules could go into effect soon...(continued)
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