View Original Article


New ENZO ANGIOLINI Women Leather Textile Black Flat Loafer Shoe Sz 7 M , Women's Twisted X Driving Moc-Serape Fringe, Style WDM0064VINCE CAMUTO BLACK KAYLENNA LEATHER SNEAKERS SIZE 9 M - NEW , Bernardo Women's Sydney Black Nubuck Ballerina Flat$298 STUART WEITZMAN LIZBAMBINA Nero Lizette Leather Designer Ballet Flats 5.5Cole Haan Breslyn Oxford brown Metallic Croc D40837 Shoes 7B NIB , 36378 auth CHLOE black leather Ballet Flats Shoes 37 , Old Friend Shoes Womens Snowbird II Sheepskin Leather Black 441192 , New Francesco V. Red Bow Leather Made in Italy Flats size 38 US 8MARC JOSEPH NEW YORK (MANHASSET FLORAL GRISS ) WOMENS SIZE 9 BRAND NEW!!! , *COLE HAAN* PONY HAIR ANIMAL PRINT FLATS (7.5B) , GEOX Nihall A sneakers sale velvet+synthetic patent black , NWT Tory Burch Mini Miller Jelly Thong Sandals, Black Size 6NWOB Anthropologie Sandgrens White Morocco Criss Cross Clogs 6 Euro 36MS60 WOMEN'S SHOES 40 BALLET FLATS MARINO FABIANI BLACK 100% LEATHERRockport Top Shore Womens Black Steel Toe Penny Loafer Work Shoes Size 8.5W , COLE HAAN-NIKE AIR PIERCED CAMEL BROWN SUEDE LOAFER DRIVING SHOES FLATS-6.5B , $298 STUART WEITZMAN WALKING Black Suede Designer COMFORT Loafers 6EVELYN PAUL PARIS HANDMADE BROWN LEATHER /GRAY PINSTRIPE FABRIC MULES SIZE 6 , Plomo Norma Loafer Oxford Grey Snake Leather Tassel Trim Handmade NEW GrayNew NATURAL SOUL Women Brown Leather Flat Slip On Dress Pump Loafer Shoe Sz 6 MAUTH $298 STUART WEITZMAN Women Patent Black Alligator Leather Flat Shoes Size6M , Arcopedico N 17 Supra Leather Flats Mary Jane, Size (US 6.5)Jslides - Gwen Leather Sneakers - Tan - 11New ENZO ANGIOLINI Women Suede Tan Flat Slip On Dress Pump Loafer Shoe Sz 10 M , COBRA SOCIETY Aqua Laser Cut Leather MOLLY Flats Espadrilles 6 7 8 9 10 11TOD'S Women 38.5 US 8.5 Ballerina Dee Buckle Leather Ballet Flat Silver Black A7 , Jeffrey Campbell hOMG Hi Tops Platform Shoes Womens Navy/White Trainers Sneakers , NWT 420$ BALLY Switzerland Women's Black Leather Slip-on Shoes Made In Italy ,

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.

Arcopedico - Leina Shoe - Shipping NIB - - Free Shipping bdf3c55 -