View Original Article


Nine West Women's Jaen Suede Knee High Boot , Chooka Women's Tall Memory Foam Rain Boot , Isola Womens lander Leather Almond Toe Ankle Fashion, Caffe Brown, Size 10.0 6O9 , Bella Vita Womens adrianni Closed Toe Knee High Fashion Boots , WOMENS BROWN LEATHER BOOTS - COVINGTON - CAMPBELL - SIZE 10 MED - 2 1/2" HEEL , Gran Lider Premium Leather Western Boots Size 22 to 25 / US Women Size 6 to 9 , Crown Vintage Womens Tabitha Leather Almond Toe Ankle Fashion, Black, Size 7.5 J , MINKA DESIGN Bottes genouillères tout cuir marron 40 TRES BON ETATCrown Vintage Womens Tabby Leather Pointed Toe Ankle Fashion, Grey, Size 7.0 Gch , Everybody Polaris Women's Nut Brown Snow Boot 39EU/9M USKhrio Velour Bootie Black Suede NIB size 37 , Bottes T. 35 BALIZZA Tout Cuir Noir de Jais , Maltese Print Faux Fur Boots For Women-Free ShippingUse-Custom-Brand Womens 417093blk Closed Toe Ankle Cold Weather, Brown, Size 7.0Goldendoodle Print Faux Fur Boots For Women- Free ShippingBottine RIEKER chaussure talon haut boots femme botte cavaliére chelsea CUIR 37 , GUESS Womens Violla Pointed Toe Ankle Cowboy Boots , Adrienne Vittadini Womens av pami Closed Toe Ankle Fashion, Black ks, Size 6.0 5 , Crown Vintage Womens Tabitha Leather Almond Toe Ankle Fashion, Black, Size 8.5 6Boots MAMZELLE montante sport bote motard bride western chelsea CUIR 41 NEUF , Cole Haan Women's Catskills Riding Boots Brown Leather sz 5 B US , Enzo Angiolini Womens Franses Leather Open Toe Ankle Fashion, Blue, Size 7.0 pNq , BCBGeneration Womens Alicia Fabric Open Toe Ankle Fashion Boots8100 Melrose Black Leather Platform Chelsea Boot Size 36 , New RASOLLI Women Green Pull On Flat Knee High Rubber Low Heel Rain Boot Sz 6 M , MINNETONKA Shoes 969381 Brown 7 , West Highland White Terrier Print Faux Fur Boots For Women-Free ShippingB.O.C Womens COMET Leather Round Toe Ankle Fashion Boots, Black, Size 7.5 lJtK , Lucky Women's LK-Loreniah Fashion Boot Steel Grey Size 6.0 ,

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.

Chesty localjoes-27796 086796 Shoes 086796 27796 BlackxRedxMulticolor M df6f308 -