View Original Article


TOTES STARIDE MID-CALF WINTER BLACK SNOW BOOT WOMENS SIZE 9 M , SEXY SW NYC Sz 6 BLACK PULL ON TALL RIDING BOOTS GREAT WINTER/SNOW WEAR SHOESVia Spiga "Atomic" Black Suede Leather Wedge Ankle Boot, Size 10Womens Sporto Polartec Insulated Size 8.5 M Black Suede Leather Faux Fur Boots , WOMEN'S SIZE 7.5M BOOTS CASUAL CORNER TAN SUEDE ANKLE BOOTS ZIPPER 2.5 HEEL , STYLE & CO BLACK 6M FAUX SUEDE AND FUR MID CALF BOOTS NEW NO BOXSteven Madenboots 7.5 Bronze Leather ,Calf Length Unique ,Go Go Boots. Fab !!! , SALOMON -Womens 8 Med- Heavy Black Split Lea. CONTRAGRIO WALKING/HIKING BOOTIES , SC35 Wessley Semi-Quilted Short Booties 693, Black, 9.5 US , Navyboot Brown Foldover Leather Riding Boots, Size 37/7, Swiss Made, EUC, $500+ , Fredericks Of Hollywood Womens Boot BROWN FRINGED SIZE 7.5BONGO Boots silver snow winter size 39-40 or approx u.s. size Size 9Predictions Black Pleated Design Faux Leather Short Ladies Boots size 8 , MUK LUKS WOMENS SIZE 9 FAUX SUEDE WITH SWEATER KNIT CUFF ANKLE BOOTS , Italina Women Boot Size 6.5 Black , ZARA WOMAN Brown Suede Boots Size 8 , Ankle Boots in Bone Suede Size 8 Crochett Ladies American Eagle Outfitters AEO , NY VIP Women's Dolly Stretch Over The Knee Boots - Navy Blue - Size 6Naughty Monkey Stride Women's Riding Boot Size 7 6755 [] , Colin Stuart Black Leather Boots 7.5 Buckle Straps Zipper Motorcycle Victoria SeStyle & Co. NEW size 5.5 M Danni Black slip on Slouch flat mid Calf BootsMadden girl boots. Size 8.5. gorgeous!! riding bootsWomens Bandolino Wellspring Wide Calf Black Boots 6.5 MPredictions Women's Suede Black Boots Sz 7 W , NEW WOMENS SIZE 10 M 10M BLACK EVA BUCKLE BOOTS by BIJOU NEW YORKWomens cowboy western style boots Size 8 Good used Brown DEXTER BrandWOMENS TOMMY HILFIGER BLACK SUEDE ANKLE BOOTS SIZE 6.5 mWomen's Ipanema Black Leather Ankle Boots High Heeled Shoes Side Zip Size 10 MAnkle Boots Flower Size 7 Supple Leather ,

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.