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Tesla's Shanghai Gigafactory eyes 90 pct localization rate in 2021
U.S. car manufacturer Tesla is expected to achieve a localization rate of about 90 percent in its Shanghai Gigafactory by the end of this year, according to an official with the China (Shanghai) Pilot Free Trade Zone (FTZ).
China's Zoomlion stresses localization during internationalization, says CEO
China's Zoomlion Heavy Industry Science & Technology Co., Ltd, has stressed localization during the process of internationalization, Zhan Chunxin, CEO of Zoomlion, has told the press at the bauma 2019 construction machinery trade fair here.
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