We are so proud to see that Lingang, one of our partners, was able to strike a historic deal with Tesla for a new factory in China. The "Gigafactory 3" is the first factory to be entirely foreign owned under new Chinese regulations. This factory will be capable of producing 500,000 electric vehicles per year.
Two years ago, ChinaSF helped Lingang open their first overseas innovation center right here in San Francisco.
For more information on Lingang's San Francisco innovation center, click here.