View Original Article


NaturalSoul by Naturalizer "Rotunda" Cold Weather Boots - Women's Size 9M, Black , Women's Steve Madden Parley Shoes Brown Leather Ankle Boots Size 7 M NEW!SAM EDELMAN Sale Tilden Fringe Boots Bootie Brown Suede Leather Snakeskin 6 MNEW MINNETONKA VENICE BROWN RUBBER SOLE FRINGE ANKLE BOOTS WOMEN'S SIZE 8Womens Dansko Professional Tapestry Clogs Shoes Green Size 8.5ELITE Riding Boots Black Leather Equestrian Made in USA Womens Size 8.5Aigle Knee High Black Rubber Riding Boots SZ 8 (42 EU) , Mooz Leather Buckle Sandals - Cheerful Black 38 (7.5-8) , Unionbay Women Fashion Boots Rhythm Size 11 M Color Black New In Box , Gabriella Rocha Ramsie Tall Boot - Women's Size 6, Black Suede , Heschung $615 Women's Brown Leather Distressed Ankle Boot Shoes 5.5 US/ 3.5 UK , 75% OFF NEW AUDREY BROOKE Vicky Riding Boots Black Wide Calf sz 6.5 Ret $179 , Vince Camuto Serena open toe, suede mules, nude Sz 61/2 M Retail $130 , Vintage Oxblood Burgundy Lucchese Cowboy Boots Sz 7U.S. POLO ASSN. WOMEN'S BLACK WEDGE MID CALF FUR BUCKLES BOOTS BOOTIES SZ 6 NEW!Cliffs by White Mountain Women's Freckles Wide Calf Boot - Size 7 M, BlackJustin Cowboy Boots Grey Leather Womens Size 7.5 B Cowgirl Country Western Shoes , Cougar Zephyr Suede Tall Boots - Women's Size ?, Brown (REPAIR) , BCBGeneration BCBG Generation Womens Sz 10 (40) Black Weslee ankle Bootie wedge , Lugz Women's Drifter Lx Chukka Boot, Golden Wheat/Cream/Gum, 6.5 M US , STEVE MADDEN WHITE LEATHER ANKLE BOOTS 10MForever 21 Black Pointed Mesh Faux Suede Ankle Boot Booties 7.5 New In Box!Tony Lama Eel Skin Brown Leather Cowboy Western Boots 4Via Spiga new women's Dark brown taupe Ankle booties heels suede leather 6.5Isaac Mizrahi Kristen Wedge Boots, size 10! , Sakroots Black Fur Lined Peace Print Rain Snow Boots Women's 8 the sak peaceNINE WEST Cowboy Boots, Black & Tan Amelia Western-style Boots 8.5 MRyka Aurora Quilted Boots - Women's Size 6.5M, Gray/TealConverse Size 7 Dainty XHI Womens Mole brown Trainers Fur High Tops 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.

Bernie Mev Sliver Woven Black Leather Leather Back 27759 Zip Boot Comfort Ankle Boot Womens 39 US 9 6f133d4 -