The Chinese industry ministry has added the American EV maker to a list of government-approved auto manufacturers, Reuters has reported. In 2013, as a "final assembly and distribution point" for its electric vehicles sold in Europe, Tesla launched an 18,900-square meter facility in Tilburg, Holland.
Electric auto maker Tesla's landmark gigafactory in Shanghai has officially received the required power supply for preliminary production from the State Grid Corp of China.
That means Tesla is getting a green light for manufacturing in China, the head of Shanghai-based consulting firm Automotive Foresight said.
Tesla could start production at any moment, Zhang said, who did not respond immediately to a request for comment via e-mail. It is unclear when it will meet its annual production target due to uncertainty over procurement, supply and labor.
Tesla plans to build at least 1,000 of its Model 3s each week in the Chinese factory, which could be up and running within weeks.
The production of Tesla's Model 3 in China will augment the competitiveness of the vehicle in a crowded and saturated Chinese electric vehicles market.
Shanghai authorities have offered Tesla assistance to speed up the construction, and China excluded Tesla models from a 10percent vehicle purchase tax on the 30 of August. China has exempted Tesla from a 10% sales tax, and the company - founded by Elon Musk - has also secured hundreds of millions of dollars in loans from local banks.