View Original Article


US:6 adidas Originals Women's SAMBA W SNEAKERS RUNS 1/2 SZ BIG FITS LIKE 6.5 , VIVOBAREFOOT Ultra II L Women's Autumn - Black/Red Eva Sneakers , Nike WMNS Air Max 1 Ultra LOTC QS [747105-300] Women Casual Shoes Paris US 6.5 , NEW WOMEN NIKE ROMALEOS OLYMPIC WEIGHTLIFT CROSSFIT 878557-100 Sz 9.5 Or 11NEW Nike Dunk Sky Hi Essential Wedge Black Gum (644877-011) Women's SIZE 9.5 , NEW HOKA ONE ONE WOMEN CLIFTON 5 KNIT RUNNING SNEAKER SHOE 7-10 MARLIN FREE SHIP , Wmns Nike Air Zoom Pegasus 34 Ink Hyper Violet Women Running Shoes 880560-500Asics GEL NIMBUS 20 Women's T851N.4949 Indigo Blue/Opal Green Running Shoes (D) , Women's Nike Lunar Force 1 Sky Hi Liberty QS Shoes -Size 11 -706664 200 adidas Adizero Boston 7 W BOOST Black Blue White Womens Running Shoes BB6501NIKE Air Max Plus QS Women's Size 10 Running Shoes Silver Blue 887092-002 , Nike Free RN Flyknit 2017 Black/White-Volt 880844-003 Women's SZ 9 , Womens Nike Air Max 98 AH6799-106 Sail/Radiant Emerald Brand New Size 6.5 / 8Under Armour UA SpeedForm Grey/Pink Gole Sportstyle Running Shoes 3000290-101 , BROOKS GHOST 11 WOMENS RUNNING SHOES SNEAKERS NAVY GREY BLUE sizes 8 , NEW Nike Women’s Romaleos 3 Weightlifting Shoes White/Black 878557-100 Size 9SUPER SPECIAL || Asics Gel Netburner Ballistic Womens Netball Shoes (B) (9095) , Nike Air Force 1 Upstep LX Blue Red Floral Women's Size 7 898421-401 , Pearl Izumi Womens W X-Alp Elevat Low Top Velcro Running Sneaker , Giuseppe Zanotti Suede Wedge Hi Top Sneakers with Zipper Detail 37 US 7AGL Resort Women's Dark Leopard Print Bronze Cap Toe Casual Shoes Sz 41 NEW $300 , Lacoste Women's Gazon 216 Fashion Orange/White Slip-On Sneakers Shoes , (AH6787-002) WOMEN'S NIKE AIR HUARACHE CITY BLACK/NAVY/DIFFUSED BLUE SIZE 10NEW ADIDAS WOMEN'S ORIGINALS NMD R1 SHOES [B37648] CLEAR PINK // WHITE-BLACKNew Balance W890PE6 Women 890v6 Running Shoe Cushioned Lightweight Polaris Blue~ , Nike Air Max 90 Premium Women's Running Shoes 896497-100 , Womens Nike Free RN CMTR 2017 SZ 7.5 Pure Platinum Running Shoes 880842-012ADIDAS WOMENS NMD R1 CLEAR PINK-CLOUD WHITE-BLACK B3764824 New Women's Nike Air Max 90 Plum Safari Purple Shoes 443817-500 Size 8 9.5 ,

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.

Asics GT-2000 6 D Wide Running Indigo Blue White Blue Women T856N-4949 Running Shoes Sneakers T856N-4949 72b51a7 -