View Original Article


Banana Republic Laser-Cut Pointed-Toe Flat, Black Suede SIZE 8.5 E422 , naturalizer Bayberry Ballet Flats, Porcelain Leather, 7 US / 37 EUSkechers Bikers-Journeyer Black Blk Womens Slip-On Size 8.5MComfortable Naturalizer Womens Channing Loafers Flats Brown Sz 9.5N NEW IN BOX , TORY BURCH Reva Ballet Flats Patent Leather TB Logo Shoes Authentic Size 6Bernie Mev Rigged Fly Navy Shimmer Womens Slip-On Size 38MBORN CROWN Womens Flats Size 8.5 40 Black Suede Leather Bow Arch Support , GIRAUDON New York Tan Open Toe Taupe Pink Ruffle Leather Low Wood Heel 38 NEW , Bernie Mev Rigged Fly Navy Shimmer Womens Slip-On Size 40M , BCBG MAXAZRIA STELLA LEOPARD BLACK PATENT FLATS 6.5NAOT Footwear Floral Open Back Brown Leather Clogs Women's Shoe Size 38 / 7 MBernie Mev Rigged Fly Navy Shimmer Womens Slip-On Size 41MG.H. Bass & Co. Wynn Mules 973, Black, 7 US / 38 EU , Tory Burch Blue Shimmer Quilted Flats with Metal Cap Toe Size 8MNEW Vionic Romi Midnight Blue Velvet Embroidered Flat In Size 11M, Retail $128Chelsea Crew Velvet City Flats Green Sz Euro 39 (38 USA)SOLD OUT! , $184.95 Munro Women's Pewter Shoes 6 WW , Brighton Burgundy Open Back Flat Mule Julie Style Shoes Size 7 1/2 Preowned , Women's KEEN Golden Loafer Madder Brown 6 1/2 M Free ShippingJ. CREW NORA PRINTED CAP TOE BALLET FLATS METALLIC BROCADE MARIGOLD 7 Rtl. $198 , SAS 8 Narrow Brown Slip-On Loafer Women's Shoes , Chocolat Blu Women's shoe "Gaby", leather flats, Red, size 6Skechers Bikers-Journeyer Black Blk Womens Slip-On Size 7.5M , MariaGrazia Ripari VTG Slip On Flat Open Toe Black Women Shoe Sz US 6.5BAerosoles Main Dish Penny Loafers, Dark Silver MetalFRYE Delia Beige Suede Oxford Women's Flats Size 6 MNew Soludos Elephant Platform Espadrilles Size 5.5Jil Sander Tan Leather Ballet Flats with Ankle Strap Sz 38.5 - US 8.5 , Skechers Bikers-Journeyer Black Blk Womens Slip-On Size 6.5M

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.

Sperry Top-Sider Boat Bluefish Two Eye Boat Shoes 008, localjoes-27403 Navy Shoes/Open Mesh, 11 US/ 42.5 a40eae6 -