Jul 11, 2018

Tesla’s China plant will serve the world’s biggest electric car market

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China is a huge market for electric cars. Tesla is looking for a place to build and sell lots of electric cars. But the U.S. is in a trade war with China and right now there's about a 40 percent…

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Tesla's China plant will serve the world's biggest electric car market

Jul 11, 2018
This week, Tesla announced its plans to build a plant in Shanghai amid trade tensions between the U.S. and China
A view of a fully electric Tesla car on an assembly line at the new Tesla Motors car factory in Tilburg, the Netherlands, during the opening and launch of the new factory, on Aug. 22, 2013.
Guus Schoonewille/AFP/Getty Images

China is a huge market for electric cars. Tesla is looking for a place to build and sell lots of electric cars. But the U.S. is in a trade war with China and right now there’s about a 40 percent tax on American-made cars being sold in China. That hurts all automakers, but if you’re trying to become the dominant electric car maker in the world you need to sell cars in China. Dan Sperling is the founding director of the Institute of Transportation Studies at the University of California, Davis. He spoke with Marketplace Tech host Molly Wood about how the Chinese government is changing the market for electric cars. (07/11/2018)

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