2/9, 5:50 PM (Source: TeleTrader)
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Tesla to complete R&D center in Shanghai

American electric carmaker Tesla confirmed on Tuesday it is on its way to finishing its new research and development (R&D) center in Shanghai that will engineer and design its new $25,000 electric car.

Tesla’s head in China, Tom Zhu stated: "This center is in the Tesla Lingang Gigafactory, where we are now. We are now building our China R&D right here. This R&D center is also the first Tesla R&D outside the United States. The research and development center has all necessary disciplines, covering vehicle design, vehicle engineering, vehicle development, vehicle testing, etc. We now expect it up and running in the middle of this year."

According to Zhu, there will be over 20 laboratories in the R&D center.

Breaking the News / TF