View Original Article


LL Bean Black Suede Ankle Chukka Boots Size Womens 8 M OHN6004Munro American Ankle Boots Women's Fashion Brown Leather Zipper 2" Heel Sz 8.5 NBlack Winter Boot Trimmed With Genuine Grey Icelandic Long Wool Fur Size 7 , Breckelles Bronco-11 New Women Leatherette Cut Out Round Toe Ankle Bootie , New Women Winter Warm Mid Calf Boots Leisure Zip Hidden Wedge Shoes Faux SuedeLAURIE GOLD LMSPSBT90 Women's Shoes Size 7.5 () Leather Boots MephistoWinter Warm Women Thigh Boots Cuffed Buckle Strap Pull on Knee High Shoes Size , Calvin Klein Womens Lanna Pointed Toe Knee High Fashion Boots, Black, Size 10.0 , Privo by Clarks Women's Black Suede Waterproof Pull On Ankle Boots , B.O.C. Born Concepts Size 9.5 US Euro 41 Leather Slip On Brown Ankle Boots HeelsLadies Party Shoes Synthetic Leather High Heels Zip Up Knee Boots US Size b097Women Knee High Boots Combat Motorcycle Boots Buckle Zipper Shoes Casual Shoes , BOHO Womens Tassel Wedge Heel Faux Suede Side Zip Ankle Boots Warm Shoes US4-11 , Women Soft Leather Tassels Ankle Boots Rhinestones Wedge High Heel Leisure Shoes , TONY LAMA Mule Slides - Woven Western Pointed Toe Clogs Boots Brown Womens 7Converse Woolrich 549686C CT High Rise Boot Womens Thunder BlackNew Steve Madden Emotions Over The Knee Boots Casual Taupe $100 , Nature Breeze Richie-03 New Women PU Buckle Zipper Round Toe Mid Calf Boot , The Walking Company Women’s LATEX Mid Calf Round Toe Black Leather Boots 9.5/40 , Women Rhinestones Heart Shape Tassels Ankle Boots Wedge High Heel Casual ShoesRetro Womens Stylish Slouch Cuban Heels Mid calf boots Pull On Casual Shoes SzWarm Women's Stilettos High heel shoes Fur Side zip Ankle boots Round toe WinterAQUATALIA by Marvin K Black LEATHER Satin upper Mid Calf BOOTS Sz 6MUK LUKS Jean mid-calf pull-on boot SIZE 6 Black Sherpa Lining comfort & warmth!JUSTFAB FREEHA BS1618427-2640-29085 COGNAC WINTER BOOTS 8.5Fringe Women Tassels Faux Suede Cowboy High Heels Ankle Western Boots Shoes HotRiding Boots Over Knee Block Heels Thigh Boots Buckle Strap Womens Shoes Size , Journee Collection Womens Tori Knee High Riding Boots in Black Size 9Gold 70s Disco 60s Hippie Shoes GoGo Dancer Mod Costume Ankle Boots Womans 7 8 9

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.

Stylish 27371 Women Boots OL Stilettos Pointy Rivet Toe Rivet Buckle Strap Court Pumps Ankle Boots 052c260 -