View Original Article


Women Nike Free XT 8 Flywire Training Shoes Sneakers Quick Fit Grey Red Running , NIKE MAX AIR TRAINING RUNNING SHOES - MULTI COLOR ( SIZE 9 ) WOMEN`SNike Training In Season TR2 Size 7M/38 Excellent ConditonOregon Mudders Women's WCA300 Golf Athletic Shoe in White/Black -7 , New Balance 756 training/running shoes size 8 pink and gray , Women's New Balance Walking Shoes Size 9 Leather Gray WW813GY1 Motion Control 2A , Womens Girls Sports mesh Shoes Running Walking classic Fitness tennis TrainersGUC Skechers Women’s Sz 7.5 Shape Ups 76428EW White Work EH Slip Resistant ShoesConverse Chuck Taylor Hi Print Trainers in Black & White 542480F [] , Proper Women’s 6 Wide D Shock Absorber Walking Shoes Slip OnPolo Ralph Lauren Canvas Sneakers Athletic Shoes Womens sz 8.5B Pink Green Pony , Saucony Womens Kilkenny XC Flat Cross Country Running Shoes Athletic BHFO 6165Nike zoom W EUC racing distance pink orange shoes with cleats size us 9.5 womenU.S. Polo Assn.(Womens) Womens Nancy-k Fashion Sneaker- Pick SZ/Color.New Reebok Womens Yourflex Trainette 9.0 Mt White Cross Training Shoes Size 10 , NIKE Sneakers Size 9 Womens Dunk Low 6.0 Orange Vivid Blue Shoes [314141-641] , So Danca 'BA-42' Leather Half Sole Ballet Shoe Large - Nude (1pair), SKBAWA-B003Dr. Scholl’s Womens Blake Black Fashion Shoes Size 8 (407645)NIKE Zoom Rival S Sprint Womens Black Hot Pink Track & Field Racing Spikes Sz 8Nike Air BRS 1000 Duel-D Phylon Size 6.5 White Gray Green Woman'sWanted Pinellas Slip On Fashion Sneakers 224, Black, 8 USNis Women's Casual Wedge Shake Shoes Sport Breathable Platform Outdoor SneakersWomen's Sport casual Shoes Athletic Trainer Running Sneakers walking BreathableWomen’s Brooks Glycerin 11 Athletic Shoes Size 8.5M Multi-ColorSkechers Relaxed Fit Womens Size 8.5 Cooled Memory Foam Black Sneakers , Nike Dual Fusion ST2 Running Shoes, Lt Blue/Pink/Gry,Womens US 9.5MBT Women's Sport 041 White Rocking Toning Sneakers Shoes Size 6.5 (/3) , Dr. Scholl’s Womens F0399f1 CharcoalSwartzFabric Fashion Shoes Size 8 (406600) , Forever By Forever Link Womans Size 8 Taupe 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.

Asics Metrolyte light size 8.5 8.5 running shoes 27718 light weight 3c2ff2e -