Tesla Sharing Technology With China Is ‘Subject to Negotiation

Tesla Sharing Technology With China Is ‘Subject to Negotiation

A Tesla Inc. Model S electric vehicle sits on display at the company’s showroom in Beijing, China, on Saturday, July 7, 2018.

partner as part of its expansion in the world’s largest electric-car market is a matter that’s “subject to negotiation,” a Shanghai government official said.

It’s something for Tesla to discuss with its Chinese partner, Huang Ou, deputy head of the Shanghai government’s economy and information technology commission, said Wednesday at an event in the city.

The Chinese government has identified electric vehicles as one of the industries it wants to dominate in this century.

Chinese firms are encouraged to borrow ideas from their foreign partners seeking to expand in the nation.

About one in fiveU.S. companies in China have been asked to transfer technology, according to a survey last year.

 

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