View Original Article


BCBG BCBGeneration Women BG-Mocha Knee High Wedge Boot Shoes, Black, US 8Casual Womens Tassel Faux Suede Zip Ankle Boots Hidden Wedge Heels Shoes FashionArizona Katy Womens Slouch Boots Grey Size 12M , Isaac Mizrahi Kayln Dark Brown Suede Wedge Ankle Boot NEW , Bare Traps Womens oudrey Round Toe Knee High Fashion Boots, mushroom, Size 6.0Gentle Souls Pod Pie Ankle Boot Shoe, Silver/Black, US 7.5EDEN SHOES Bottes Genoux Hautes Nubuck Bleu T 36 ETAT NEUFTrendy Design's Women's High Heels Pumps Black 2-1/4" Heel SizeHARLEY DAVIDSON Womens Mid Calf Riding Brown Leather Boots US-6 , NEW $139 Steven By Steve Madden Harleigh Brown Ankle Boots 8.5 MediumIsaac Mizrahi Safari Brown Quilted Riding Boots 6 NEW , White Mountain Womens Passage Round Toe Mid-Calf Motorcycle, Black, Size 10.0 yaSigerson Morrison Womens Shoes Size 9 Gray Textured Leather Open Toe Booties , GILI Leather Pointed Toe Ankle Boots Side Zipper Kodelle Cognac 6.5M NEW A269806$250 BCBG BCBGMaxAzria Womens Catilda High Heel Leather Boot Shoes, Mink, US 10 , UGLY DUCKLING Boots Brown Leather Knee High Cuban Heel Size 41 / SB 208 , $199 BCBG BCBGMAXAZRIA Womens Aubrey Suede Zip Up Boot Shoe, Brown Suede, US 10SO Sled Women's Black Tall Over The Knee Boots Sizes 7 & 9 NEW!Steven By Steve Madden Women Dahlya High Heel Open Toe Bootie, Black Suede, US 8Nanette Lepore Women's 6 MED Rose Pewter Booties Metallic Brocade Ankle Boot$199 BCBG MAXAZRIA Women Aubrey Ankle High Zip Up Bootie Shoe,Brown Suede,US 10 , NEW TORRID BLACK METAL HEEL SLOUCHY BOOTS BOOTS WIDE WIDTH 7WMATERIAL GIRL Mcarena Women Booties (6.5M, Taupe)Charles By Charles David Honey Western Ankle Boots Suede Leather Pull On Black 8 , Original Intention New Sexy Women's Boots Pointed Toe Thin Heels Woman Plus Size , Sperry Top-Sider Women's Pier View Sneaker US 8.5 MKamik Womens Quincys Closed Toe Ankle Cold Weather BootsWOMEN'S TONY LAMA 'RED' WESTERN BOOTS SIZE 7 B , Topshop Womens Keen High Drees Boots Size 39 Maroon 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.

Demonia 26906 Women's Deviant Boots 301 Black/White Black/White Sneaker Boots dedbea3 -