View Original Article


Women’s Columbia Powder Summit Shorty Snow Boots Oxford Tan Saddle NEW NIB! SZ-9Tahari Tabor Leather Fabric Pointed Toe Tall Boot Zipper BLACK 8.5M NEW 582-3013601555 LTSPBTS50 Women's Shoes Size 7 M Black Leather Zip Up Boots H.S. TraskDolce Vita Size 8 PHILLIPA Black Suede Wedge Heels Ankle Boots New Womens ShoesClarks Artisan Kacia Garnet Taupe Gray Leather & Suede Ankle Boot 5.5 SALE , $150 New in Box Nine West Booties Boots Shoes Heel Dark Green Camo Pony Hair 7.5Jessica Simpson Womens Pacifika Pointed Toe Mid-Calf, Black LXPTSC, Size 9.0Women Ankle Boots Platform Round Toe Stiletto High Heel Sexy Shoes Size 3-10.5 , Marco Tozzi 25208 Women's Boots, Ankle Boots, Boots grey newWomen Black Rubber Rain Boot, Size 6, Unique Look & High Quality , 361628 LTSPBTS50 Women's Shoes Size 7 M Tan Suede Zip Up Boots H.S.Trask , Qupid Distressed Strappy Cutout Chunky Heeled Ankle BootsBoho Taupe Faux Suede Cutwork Peep Toe Boots Womens 11 JC Lara , YUU ROCIO WOMEN'S ZIP UP BLACK DOUBLE BUCKLE RIDING BOOTS SIZE 8 NEW! , Carlos Santana Shoes 10 M Womens New Fabulous Dark Brown Mid Calf Wedge Boots , Franco Sarto Womens Wayra Zip Bootie - Cognac Suede Size US 6 | NWOBH Womens Pointed Toe Pumps Chunky Heels Platform Patent Leather Pull On Boots sz , Womens Suede Warm Winter Fur Lined Flats Pull On Snow Ankle Boots Shoes Fashion , Yuu Fiona Women's Black Cold Weather Mid-Calf Boots SIZES 6 & 8 NEW!Wolverine Ladies Piper 6" Composite Toe Waterproof Work Boot - 10180 - Size 8 , Punk Women Round Toe Warm thick Fur Lining Ankle Boots Winter sequins Shoes ee99 , 7851692 LSPBTS50 Womens Size 7 M Brown Leather Pull On Boots Johnston & Murphy , Women's Minnetonka High Top Back Zip Boot Brown 292✿ EASY SPIRIT e360 Comfort Kortina Belted Black Suede Zip Boots 7.5 M NEW! L@@K! , Kamik Womens Quincy Closed Toe Mid-Calf Cold Weather BootsAsh 'Vamos Bis' Black Distressed Leather Studded Boots sz: 36.5 | US 5.57856197 LFTBTS50 Women's Shoes Size 7.5 M Navy Blue Suede Boots Johnston Murphy , CLARKS Womens Merrian Rayna Closed Toe Knee High Fashion Boots, Black, Size 7.5JUSTIN 'McKayla' Brown Leather Cowboy Western Boots Women's Sz. 10.5 C ,

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.

Womens Block Knee High Shoes Boots Faux Block Chunky Heels Stretchy Cuffed Faux Suede Shoes Chic c3f36bc -