US electric carmaker Tesla Motors (TSLA.NASDAQ) has hit major road blocks in China after a local businessman claimed trademark rights to the name, Reuters reported, citing unnamed sources. Zhan Boasheng, a businessman in Guangdong, registered the “Tesla” trademark in China in 2006. Zhan runs a website using the Tesla China domain which sports a logo almost identical to that of the US firm. Legal experts said it might be difficult for Tesla to resolve the trademark issue unless it buys Zhan out. A Tesla spokesperson said the company still has plans to open a Beijing store this year.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved