View Original Article


Brinley Co Women's Thora Ankle Boot, Grey, Size 6.0 , MINNETONKA Shoes 143299 Brown 6Rampage Womens Ram-Saddie Closed Toe Ankle Fashion, Camel/Navy Fabric, Size 6.0 , Roxy Women's Martinez Winter Boot Taupe Size 8.0KARSTON Bottes Genoux Pointus Cuir Marron Foncé T 40 BE , Lucky Brand Womens Kassidy Leather Peep Toe Ankle Chelsea, Brindle, Size 9.0 WAhFergie Women's Danica Knee High Boot Black Size 8.0 , AMERICAN RAG Reaghan women Booties (9M, Wheat) , SAN MARINA - BOTTES A TALON SANS ZIP TOUT CUIR MARRON FAUVE 38 - EXCELLENT ETATWhite Mountain 'DAYTONA' Women's Bootie, Black, Size 9.5 J0M8Bottines DORKING cuir noir taille 41MINNETONKA Shoes 774412 Black 5 , Bottines SCHOLL Daim Marron T 36 TRES BON ETATAsolo Womens Fission GV Waterproof Athletic Hiking Outdoor Mid Boots Size 7.5Impo Womens orain Closed Toe Mid-Calf Fashion Boots, Black, Size 6.0 KaTf , Beacon Womens Mindy Almond Toe Ankle Fashion Boots, burgundy, Size 7.5BCBGeneration Womens lokki Suede Pointed Toe Ankle Cowboy, Wheat, Size 11.0Style & Co. Womens Vedaa Closed Toe Knee High Riding, Black/Barrel, Size 7.0 DyPZIGI SOHO Womens Madalyn Closed Toe Mid-Calf Cold Weather, Brown Sd, Size 7.0 Xr , White Mountain 'DAYTONA' Women's Bootie, Black, Size 10.0 lx3t , Calvin Klein Womens GWENDALYNN K Pointed Toe Ankle Fashion Boots Blue Size 9.0 , Lucky Brand Womens Kaeliya Suede Closed Toe Knee High Fashion, Black, Size 6.0 LBoutique 9 Dacia Tall Boot Dark Silver Women's 6 M US - MSRP $275WEEKEND BARBER SULI ZIP BOOTS BLACK SUEDE SIZE UK4, US7, NEW! , Style & Co. Womens ASTARIE Closed Toe Knee High Riding Boots, Black, Size 8.5Over the Knee Slip on Leggings , Brinley Co Women's Valdis Ankle Boot, Black, Size 6.5 beh9Kelly & Katie Womens tessano Closed Toe Ankle Fashion Boots, Grey, Size 6.5 gKs6Bottines Boots SAN MARINA Cuir Peau Souple Marron T 37 TBE

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.

Nanette Lepore Womens Toe Lepore Suede Pointed Toe Lepore Mid-Calf Fashion Lepore Boots 50f6c96 -