Tesla (TSLA) And Chinese Theme Park Operator Reportedly Working On Building Supercharger Stations

According to a recent report from Forbes, it has been revealed that Haichang Holdings Ltd., a leading developer and operator of theme parks and ancillary commercial properties in China has signed a memo of cooperation with U.S. electric car maker Tesla Motors (TSLA) to build charging stations.

Citing the Chinese company, the publication states that Haichang Holdings will select land sites in theme parks that it operates in the northeastern city of Dalian, and the two will develop supercharger stations for Tesla EVs. Furthermore, the two companies will later analyze sites in other Chinese cities where Haichang has theme parks and coordinate “cultural activities or events with the theme of vehicles.”

China is a promising market for Tesla due to an increasing demand of luxury cars in China. However, tight supplies as a result of production constrains, and local infrastructure have limited sales.

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