View Original Article


Topshop Ankle Boots Cream Black Chelsea Booties Size 39 Eur , Brinley Co Womens Side Slit Cut out Faux Suede Booties NewDelicious Women's Open Toe Denim Patched Chunky High Heel Ankle Bootie , Qupid Womens Reborn-3 Thigh-High Round Toe Over-The-Knee Khaki Slouch Boots , Black Cuff Buckle Boots New with tags Women's (8) & SHIPS FREE , Franco Sarto Dark Brown "Canary" Leather Knee High Side Zip Fashion Boots Sz 5MHokus Pokus™ Up Hill Zip Wedge Booties Black Suede Size US 6.5 TT18 , Women Rivet Ankle Boots Leather Slim Heels Solid Leisure Plus Size Casual ShoesA.N.A. Women's Addie Ankle Boot, Olive, 7 W USNewport News Womens Brown/Taupe Suede Ankle Boots 3" Side Zip Size 9 1/2Bandolinio COPPA Women's Boots, Black, Size 9.5M, US , Kenneth Cole Reaction Hot Step Brown Womens Shoes Size 5.5 M Boots MSRP $129Rock & Candy New Spraypaint Brown Womens Shoes Size 6 M Boots MSRP $69 , Kooba Size 9 Black Leather Ankle BootsVintage balloons Black Heel Boots Down quilted Fur lined Size 9 , NIB DE BLOSSOM Women's Round Toe Zip Up Riding Boots PITA-15 Cognac , Fringe Faux Suede Boots Black Size 8 M New , New! FERGALICIOUS Tall Zip Up Leather Boots Size 6 M BlackPesaro Gwyn Womens Size 5.5 Brown 1 ¾ Inch Heels Knee High Boots NEW WITH BOX , Karen Scott Women's (Sz 9.5) Marius Fashion Ankle Bootie, Black, $69 (3319P) , Via Spiga Ottavia Ankle Boot Leather Antelope Two Diff Sizes 9.5 And 9 , Kodiak Women's Alcona SINGLE Boot in Brown - Amputee - Size 7.5 Right Foot , Style & Co. Jamila Black Womens Shoes Size 6.5 M Boots MSRP $79.99NEW Indigo Rd. Sigrid Zip Up Ankle Boots TAUPE CHOOSE SIZENIB Lugz ® LUGZ ZEN LO Suede SHEEPSKIN SHEARLING BOOTS CHOOSE COLORS AND SIZES , ENZO ANGIOLINI Y-CECE WOMEN BLACK LEATHER TALL KNEE BOOTS SIDE ZIPPER SIZE 6.5M , Womens Ankle Boots Suede Side Zip Shoes Chunky Heels Round Toe Casual Girls G129 , Charlotte Russe Faux Velvet Boots Women’s Sz 8 , 2018 Womens Hidden Wedge Heels Pull On Casual Round Toe Mid Calf Boots Shoes

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.

XOXO New Martin Black Womens Shoes 27395 Size 5.5 5.5 M Shoes Boots MSRP $69 1dfff52 -