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Tesla forms battery R&D firm in China

Wed, 12/13/2017 - 09:46 -- Xuan Zhong
Tesla forms battery R&D firm in China

Tesla has formed a new company in China for the research and development of batteries and energy storage devices, according to authorities in Beijing.

The new company has been named Tesla (Beijing) New Energy R&D Co Ltd, with a registered capital of $2 million, according to a document filed with the Chaoyang branch of the Beijing Administration for Industry and Commerce. The document is listed in China’s National Enterprise Credit Information Publicity System index.

 

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