View Original Article


DANSKO Patent Mary Jane Black Leather Shoes Sz 40 Pre-OwnedNEW Women's Eastland Roma Brown Casual Comfortable Supportive ClogsSteven by Steve Madden Kenner Slip On Shoes - Women's Size 7, BlackWomen’s Dansko’s Professional Cabrio Cordovan Size 39 NEW , Merrell Women's Size 9.5 Encore Breeze 3 Black Casual Slides Clogs ZV-891EARTH ORIGINS Regina Women's Size 12 Black leather Buckle Mary Janes Shoes , Women Chef Shoes Cowhide Leather Limited Kitchen Safety shoes Cook Oil ResistantElegance Women's Pointed Toe Low Egg Heel Shoes Work Formal Casual Suede BuckleCole Haan Women’s Black Leather Slip-On Clogs Size 8B EUC , Dansko Marcelle Cabrio Mary Jane Shoes Sz 36 Honey Burnished BrownNEW Wolverine AYAH Slip On Steel Toe Brown Leather Women's size 10.5Luxury Women's Crystal Rhinestones Bling Sneakers Loafers Pull On Flat ShoesCLARK'S WOMEN'S MAY MARYGOLD SLIP ON SHOES BLACK SIZE US 11 NEWAriat Women's Cowboy Western Mules Clogs Slides Black leather black shoes sz 7 M , Women's Round To Embroidery Flowers Pull On Beads Knitting new Sneakers Shoes C8Women's SPERRY Top Sider Authentic Original A/O 2-Eye Boat Shoes Slip-On Suede , Skechers Eldred Slip Resist Shoes Leather Womens Work And Uniform Shoes , 76596 W Wide Navy Work Skechers shoes Women's Memory Foam Slip Resist Alloy Toe , Vince Women's Size 6 Banler Gray Casual Slip On Shoes Loafers ZV-867Women’s Burgundy Suede Clarks Hidden Wedge Sneakers Size 9.5 , Dansko Tacey XP Women’s Brown Mary Janes Buckle Clogs Shoes Size US 7.5 / , 76492 SKECHERS WOMEN WORK SHOES NURSE COMFORT SLIP RESISTANT Black , REBECCA MINKOFF Women's Gia Black Leather Espadrille Sneakers Sz 10 $125 NIB , Black Womens Faux Leather High Heels Hotel Office Occupational Buckle Work Shoes$281 SKECHERS Women BLACK SURE TRACK MEMORY FOAM SNEAKERS WORK SHOES SIZE 6 , New Women peep Toe Multi color Stiletto Heel Rhinestones Pumps dress shoes partyDansko Pro XP Clogs - Women's Size 9.5/10 W - White , 77125 W Work Wide Fit Black Skechers shoe Men Slip Resistant Memory Foam Safety , Dr. Comfort Annie Black Leather Lycra Adjustable Comfort Shoes Women's 7.5 W

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.

Crocs Freesail Graphic Lined Graphic Clog Unisex localjoes-27794 Shoes Sandals Shoes Clogs Bathing Shoes d5e43a2 -