The american elbilstillverkaren Tesla has opened a new company in Shanghai.

Like former factories, the new company, also known as the Tesla Shanghai Company, focus on electric vehicles and batteries.

This is done at the same time that China is preparing to scrap the old legislation which restricts foreign ownership in chinese companies.

Tesla has for a long time been in negotiations with chinese authorities on a possible new factory in Shanghai.

They would, however, not confirm if the new company is a part of the much talked about fabrikssatsningen in the country.

Elbilschef Elon Musk has previously criticized China's harsh laws surrounding foreign ownership in the country and has said that the current regulatory framework creates a rigged playing field.

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