View Original Article


Women’s Pons Quintana Pilar Multi-Color Braided Leather Flats Size 8 (EURO 41)Ladies Fly London Yisk Office Casual Mid Heel Peep Toe Holiday Sandals All SizesTORY BURCH REVA BALLET FLATS BLACK LEATHER GOLD LOGO 4 M , Sam Edelman Women's Loraine Loafer Sand Size 10.5DZ628 MOMA US 7 shoes green suede leather women moccasins , ADIDAS SUPERSTAR 80'S PRIMEKNIT LOW SNEAKERS WOMEN SHOES WHITE BY2127 SZ 11 NEW , DZ658 MBT shoes black leather women ballet flats 6 - 6.5 () , LADIES SHOES/FOOTWEAR - Laura Azana Madison ankle boot greenPRADA BLACK FABRIC HIGH HEELS ELEGANT DRESS TOP MIU 6.5 36.5 PUMPS EVENING 7 37DZ806 MBT shoes black leather women slip on 6 - 6.5 ()new MARC JACOBS logo TURNLOCK mint sandals FLATS shoes 37 US 7Gentle Souls Womens It's So Fun GP Casual Flats Shoe, Multi, US 5DZ730 MBT shoes black leather women slip on 6 - 6.5 ()STUART WEITZMAN QUILTABLE WOMENS BEIGE BALLET FLATS ANTHRACITE SIZE 6US MSRP$210Size 8 Womens Taupe Leather Point Toe Ballet Flats MADE IN SPAIN , Conni 5704 Black Patent / Beige Leather Wedge Loafers Shoes 36.5 / US 6.5 , Attilio Giusti Leombruni Women's Black Leather Slip On Cap Toe Pumps SzSperry Top Sider Women's Rubber Boots Saltwater Wool Plaid Grey Red STS99716 , Tory Burch Aaden Ballet Flats Leopard Raffia Gold Logo Ballerina Shoe 6 -36 , Tory Burch Darlene Flats Pointy Toe Shoe Ivory/Cabernet Size 10Women's TOD'S Classic Camel Leather Loafers w/ Gold Buckles Size 7.5 , Ballet flats Bikkembergs Ballet Shoes -60% Women's Grey BKE103104- SALE , Donna Piu 10053 Black / Gray Patent Leather / Pointy / Wedge Loafers 37 / US 7Summer Ankle Boots Eco Shoes Outside Hand Crochet Red Cotton Sz 6.5 Berry TrimAhnu Women's Emery Shoes Stone White AF2524-SNW , ��OMG!�BEAUTIFUL TED BAKER Thfia Trainers Slip On Sneaker Floral Womens Shoes , LANVIN multicolored leopard print ballet flat size 39 us 9Tod’s ballet flats IN YELLOW SUEDE US 7.5// , STUART WEITZMAN Blue Denim Espadrille Wedges Sz 10 $435 ,

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.

Proenza Schouler Proenza Pointed-Toe Flats SZ 38.5, NEW 7.5 tkphotog-27331 Moccasin FASHIONABLE NEW 650$ 145789d -