On 10 July 2018, Tesla officially signed the investment agreement for a pure electric vehicle project with Shanghai Lingang Area Development Administration and Lingang Group. Tesla, as the sole investor, will build the Tesla Super Factory (Gigafactory 3) in Lingang Area, with integrated functions of R&D, manufacturing and sales. The project is designed to manufacture 500,000 pure electric vehicles per year, making it the first Tesla factory outside the US, and also thus far the largest foreign-invested manufacturing project in Shanghai.
As a world-renowned electric vehicle and energy company, Tesla has set up a subsidiary in Shanghai this May.
As the PRC counsel for Tesla in this project, KWM team provided Tesla with comprehensive legal services. The project was led by partners Jack Wang, Wang Lixin, Xue Han, Stanley Zhou, Chen Fu'an, Maggie Luan, Cecilia Lou, Bill Ye and Ding Xianjie.
