Venezuela is set to host the world’s largest electric car manufacturer, and it will be one of the first to get in on the Tesla-like electric driving boom.
The announcement is expected on Tuesday at a press conference in Caracas, the capital of Venezuela.
It is a rare victory for the Maduro government after months of protests that have put it in a position to control the electric cars industry.
Venezuela is the world leader in electric vehicles, with over 70,000 electric cars registered with the government.
However, the government has not been able to convince the government to grant the companies licences to sell cars in the country.
Tesla, the US-based carmaker founded by entrepreneur Elon Musk, says it will build and operate 500,000 vehicles by 2020 in Venezuela.
The company also plans to open a factory in the Venezuelan state of San Sebastian, where it has a small assembly plant.
Voting on the state-owned carmaker’s licence application was postponed after opposition leaders objected to the application’s lack of transparency, according to a government statement.
“It is a historic day for the Bolivarian revolution,” opposition leader Leopoldo Lopez said in a statement.
“The state is moving forward with this process because the people are ready.”
The opposition also announced that it was launching a petition drive to persuade the government not to grant Tesla’s licence.
The petition will be submitted to the National Assembly, a body that holds legislative power.
The Venezuelan government has been accused of allowing the companies to operate without following the laws.
It also denies that the opposition has a monopoly on power.
The opposition is hoping that it will win enough signatures to force Maduro to grant a licence.