View Original Article


women's shoes 2 STAR 10 () sneakers multicolor textile AP709-BNike Downshifter 8 Womens 908994-006 Cool Wolf Grey Mesh Running Shoes Size 10 , Asics Gel-Contend 4 Womens T765N-3393 Prune Silver Running Shoes Size 6 , Vans Classic Slip On Women's Hibiscus/True White A38F7QE5Women Adidas S76396 ZX Flex ADV TECH Running shoes black white sneakers , Puma Vikky Platform Ribbon SL Metal 367816 01 Womens Shoes White Sneakers CasualNike Air Max 90 Ultra 2.0 BR Blue White 917523 400Corgi Print Customized-White Running Shoes For Women-Designed By Christina Jense , NEW adidas Los Angeles W BB5343 Womens Shoes Trainers Sneakers SALENIKE AIR MAX EXCEL SHOE SHOES ORIGINAL NIKE NEGRO (PRICE IN SHOP 99EUROS) , PUMA VIKKY PLATFORM SHOE SHOES LIFESTYLE ORIGINAL BEIGE 363287 14 , KEEN Women's Uneek Leather-w Sandal Brown Size 6.5 , ap561 D.A.T.E. (DATE) shoes gray purple textile women sneakersLa Sportiva Women Mix Trail Running Hiking Shoe (38) Grey Purple , Luichiny Women's Party Town Red Imi Suede , AP516 D.A.T.E. (DATE) shoes gray suede women sneakers , women's shoes 2 STAR 11 () sneakers gray suede AP707-CUnder Armour Charged Bandit 3 - Women's Black/White/White 98664003Women Adidas B49560 marathon 10 TR Running shoes navy grey white sneakers , NEW adidas 10K W AW4932 Womens Shoes Trainers Sneakers SALECustomized Dog On Pink Print Running Shoes For Women- Design By Sandy Hunter-ExpSkechers Women's Graceful Get Connected Trainer Navy/Hot Pink Sneakers , Sneakers and Athletic Nine West Poeton Black Nubuck , Nike Downshifter 8 Womens 908994-006 Cool Wolf Grey Mesh Running Shoes Size 9.5AB595 D.A.T.E. (DATE) shoes white leather textile women sneakers , POE Shoes 955430 Grey 25cm , Reebok Women's Classic Harman Run SneakerNike Women's Zoom Wildhorse Trail (599121 408) sz: 5 cm: 22 , Skechers for Work Women's Conroe Abbenes Slip Resi - Choose SZ/color

Tesla has secured the rights to about 210 acres of land in Lingang, Shanghai, the site of the electric automaker’s planned factory and its first outside of the U.S.

Tesla executives and leaders of the Shanghai Economics and Information Committee, Shanghai Lingang Area Development Administration and Shanghai Lingang Group witnessed the agreement-signing ceremony in China on Wednesday.

“Tesla’s mission is to accelerate the world’s transition to sustainable energy not only through all-electric vehicles, but also scalable clean energy generation and storage products,” Robin Ren, Tesla’s vice president of Worldwide Sales said in a statement. “Securing this site in Shanghai, Tesla’s first Gigafactory outside of the United States, is an important milestone for what will be our next advanced, sustainably developed manufacturing site.”

The land transfer marks an important step for Tesla, which recently said rising costs had prompted the company to accelerate construction of its so-called Gigafactory 3. Tesla warned in its production and delivery report in early October that tariffs, combined with the cost of shipping its vehicles via ocean carrier and the lack of access to cash incentives available to locally produced electric vehicles, has put the company at a disadvantage in China.

Tesla reasserted those statements Wednesday, noting that it expects the project to be a “capital efficient and rapid buildout, using many lessons learned from the Model 3 ramp in North America.”

Tesla reached a deal in July with the Shanghai government to build a factory that it says will be capable of producing 500,000 electric vehicles a year. Once construction begins, it will take about two years until Tesla can produce vehicles. It will be another “two to three years before the factory is fully ramped up to produce around 500,000 vehicles per year for Chinese customers,” a Tesla spokesman said at the time.

The Shanghai factory deal marks a shift within the Chinese government to allow foreign companies to build and operate wholly owned facilities there. Foreign companies have historically had to form a 50-50 joint venture with a local partner to build a factory in China.

Chinese President Xi Jinping has said the country will phase out joint-venture rules for foreign automakers by 2022. Tesla is one of the first beneficiaries of this rule change.

The agreement allows Tesla to construct and operate a wholly owned factory in Lingang. The new factory will carry out research and development, manufacturing and sales operations.

The Chinese government will still be involved, however. Under a cooperation agreement, the Shanghai government and Tesla will jointly promote electric vehicle technology and industry development. The city of Shanghai said it will provide support for Gigafactory 3, although details are thin as to what that might mean.

NIKE ID ROSHE RUN US WMNS RUN SZ localjoes-27758 6 [855915 27759 901] GREY/GOLD dd8ab5e -