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Talk Of Tesla's Plan To Bring Gigafactory To China Ignites Industry

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Tesla is likely expanding into the Chinese market. After rumors have been flying about the car manufacturer potentially building a Gigafactory in China, they’ve made an official announcement confirming those intentions. It’s one of three potential new Gigafactories that Tesla is hoping to reveal by the end of the year.

While the electric car company hasn’t reached an official agreement with Shanghai’s government, they are in the works to put up a building in that location. There have been reports of a deal recently, but those were debunked after Tesla sent out a statement to Electrek on their intentions, which reads in part as follows.