View Original Article


Vivobarefoot Womens Mata Slip On Shoes , ARCOPEDICO WOMEN'S C1 MESH SLIP-ON WALKING SHOES , NEW SCHOLL ORTHAHEEL BARILLA WOMENS COMFORTABLE SUPPORTIVE ZIP SHOESMW008632 - NIB FASHION GENUINE LEATHER BALLET FLATS SHOES (SIZE 34 - 40) , FitFlop Womens Shuv Patent Slip On Clog Shoes , LK Bennett Black Patent Luisa Flats Size 39 , Authentic Tory Burch Classic Reva Ballet Flats US 7Amalfi Size 6 Brown Slip On New Womens ShoesNEW Topshop Black Kokonut Leather Mules Size 8.5New Zigi soho 'Octavia' Women's Black Over The Knee Tall Riding Boot Size 5 M , DV by Dolce Vita "Clarity" Women's Knee High Black Riding Boots Size 7.5 M* , DV by Dolce Vita Clarity Black Knee High Fashion Boots Women's Size 5.5 M * , Zigi Girl Truffle Black Leather Western Ankle Boots Women's Size 8.5 M*DV by Dolce Vita Clarity Women's Knee High Black Riding Boots Size 9.5 M *Tahari Linda Brown Suede Leather Open Toe Elastic Ankle Boots Womens Size 9.5 M*JUSTIN LIZARD SKIN BOOTS WOMEN'S 5.5BDV by Dolce Vita Clarity Black Knee High Fashion Boots Women's Size 9 M*ZIGI SOHO Dakara Black Leather Knee High Riding Boots Women's Size 11 M *Softwalk Darla Black Suede Leather Ankle Boots Women's Size 7 N , Sbicca Women's Zepp Boot, Grey, 8.5 B USDV by Dolce Vita Women's "Clarity" Black Knee High Fashion Boots Size 6.5 M* , BEARPAW BLACK SUEDE SHEEPSKIN WOOL WOMEN COMFORT BOOT WINTER SHOE SIZE 7 STYLISH , DV by Dolce Vita Women's "Clarity" Black Knee High Fashion Boots Size 6 M , BEARPAW Desdemona Black Suede Quilted Leather Sheepskin Boots Womens Size 5 M * , Vince Camuto Womens Mozza Saddle 9.5 M , BEARPAW Gray SUEDE SHEEPSKIN WOOL WOMEN COMFORT BOOT WINTER SHOE SIZE 8 STYLISHBORN 7.5 Whiskey Brown Leather LUANA Tall Zip Riding Boots - 43916 , Steven by Steve Madden Earla Black Leather Ankle Boots Women's Size 8.5 M , Sam Edelman Karissa Black Booties with White Trim Size 10 M #

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.

Lady Couture Shoes Loafer Women's Cozy Rhinestone Glitter Loafer Shoes 25186 Gold Size c7d5b0c -