U.S. carmaker Tesla Inc. will open its first overseas plant in Shanghai, according to an agreement signed between Tesla and Shanghai municipal government on Tuesday. 美国特斯拉汽车周二与上海市政府签署一份协议，根据该协议，特斯拉将在上海建造首座海外工厂。 The factory, with a planned annual capacity of 500,000 electric cars, will be located in the Lingang Area, along with an electric vehicle R&D center, according to the agreement. According to the Shanghai government, this will be the largest foreign-invested manufacturing project in the city's history, although detailed1 investment was not revealed. The Shanghai government said it would give full support to the construction of the plant and improve the business environment for foreign-owned enterprises. Tesla previously2 announced that it would bring its models S, X and 3 to the China International Import Expo in Shanghai in November.