Stories by John Paul Helveston

Expert Voices

China's looser rules may usher in a new era for EV and AV companies

Illustration of a car with a price tag made of the Chinese flag.
Illustration: Aïda Amer/Axios

Tesla recently began construction on its first gigafactory in China, suggesting that foreign automakers may be eyeing new opportunities in China following the country's decision to dismantle its requirement that foreign automakers create joint ventures with Chinese firms to make and sell vehicles there.

The big picture: The rule relaxation, which applied to EVs immediately and will cover all vehicles by 2020, could increase incentives for EV and AV companies to develop and sell vehicles there. But removing the joint venture requirement doesn't remove all risks.