View Original Article


STEVE MADDEN Darlline Boots Vegan Leather Brown Size 10 Side Zip Up Pointy ToeWeathermates Brown Weather Resistant, Insulated Winter Boots Women's Size 8 MNature Breeze Women's Brown Waterproof Duck Boots Size 5.5 , Cliffs White Mountain Felisa Flat Knee-High Boots 660, Black, 6.5 USBareTraps Yalina Flat Riding Boots 122, Black, 9.5 USHippey Laundry Ankle Boots In Burgundy With Embroidered Floral Pattern-Sz 7.5 , Mia Bonita Natural Stretch High Heel Mid-Calf High Boots - Size 8 M , Fergalicious New Lara Black Womens Shoes Size 5.5 M Boots MSRP $80 , Monzo and Franco Black Metallic Suede Oyster Zip Side Booties Boots Heels 8WDonald J Pliner Sportique Black Silk Shiny Mid Calf Boots Size 9 , AL35 Kallee Fringe Ankle Boots 437, Black/Black, 9 US / 40 EUFOREVER 21 Womens Brown Block Heel Ankle Boots Size 8I35 Fainn Pull On Booties 183, Black, 6 US , Steve Madden moto zip Granite high heel ankle boots 6m , NEW IN BOX Nature Breeze Boots - Suede Grey And Sweater Material - Size 8 , SC35 Venesa Riding Boots 966, Black/Barrel, 8.5 USSteve Madden Booties Woodstock Leather Fringe Boots Booties Used Size 8 USNEW COMFORTVIEW TAMMY BOOTIE BOOT BUCKLE SIDE ZIP SIZE 7M NWOBBareTraps Avita Short Winter Boots 777, Whiskey, 6.5 US , Marc Fisher Sayla Peep Toe Ankle Booties 646, Taupe Multi, 9 USKELLY & KATIE WOMEN SIZE 9 M BLACK ZIPPER HIGH HEEL BUCKLE 16 INCH LEATHER BOOTNEW Womens Mid Calf Foldable Slouch Boots Comfort Casual Flat Shoes Round ToeSC35 Jamila Dress Ankle Booties 937, Barrel, 7.5 US , CLARKS COLLECTION Brown Leather Shoes Womens Size 5 M Slip on comfort wedgeNEW Womens Shoes Ankle Boots Booties Slouch Cute Casual Flat Buckle Round Toe , Brinley Women's Emm Bootie Bootie -Grey US 8Mmadden girl Zavier Deep Cut Ankle Booties 503, Cognac, 10 US , HALOGEN Short Rain Boots Size 9M Slim-fit Camouflage Print , Black Brazilian leather womans size 8 mid calf boots w/ silver hoop ,

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.

Chinese Laundry Black Synthetic Leather Black Side Zip Wedge 7 Ankle Leather Boots Women's 7 5849e4d -