View Original Article


Nasty Gal, Black, Boots, Size 10, Style F140002 , Ecco Size 36 US 5 5.5 M Womens Black Leather Buckle Riding Boots Knee High Tall , Muk Luks Anabelle Boots, Women's Size 6, Brown , Steve Madden Womens Brown Leather Shandi Riding Boots Shoe Size 6 M New! , Free People Addison ankle boot VEGAN leather faryl robin Size 7 red NWOBNew BLONDO Venise Waterproof Riding Boots sz 6 M , Durango Women's Red Cowboy Boots RD-4105 Size 7 Head West Western wearG BY GUESS KNEE HIGH RIDING BOOTS CHARCOAL GRAY W/BLACK SIZE 6 1/2M NEW WITH TAG , Pollini Italy Brown Soft Leather Suede Tall Boots Size US 8COLE HAAN Brown Leather Pull On Knee High Fashion Riding Boots Size 7.5 B , Justin Gypsy Brown Leather Stockman Cowboy Western Boot Size 6.5 B Style L9903CAT BY CATERPILLAR WOMENS LEATHER ANKLE BOOTS NEW SIZE 8 , Via Spiga Black Leather Studded Zip Fashion Boots Womens Size 5.5 M , Nocona Gray Leather Cowboy Boots Womens Size 5.5 B Style L505 USAUS Shoe Size Women Booties Low Heel Casual Comfortable Walking Fashion BootNEW Kenneth Cole Women Suede Tall Knee High Boots Embroidered Floral size 6 NavyCasadei Short Ankle Boots Elastic Stratch Fabric Size 7NINE WEST TALL BLACK LEATHER BOOTS WOMEN'S SIZE 7 1/2 MKHOMBU SNOW BOOTS Canyon Waterproof Black Rubber Duck Boot Tall Faux Fur 6 New , Prada Boots Women's High Ankle Black Leather Side Zip Heel 38 , Kenneth Cole Ken Black Womens Shoes Size 7.5 M Boots MSRP $130comfortemp qvc womens Waterproof Ankle Boots 8FRATELLI ROSSETTI brown leather horse equestrian strap buckle Chelsea boots 7Durango Crush Western Cowgirl Pin Up Ante Up Boys Boots Brown Rd011 Women's 6 MNEW Nine West Vintage Women’s Brown Suede Pull On Ankle Boots US 6 M Shoes , Lamo Pink Sellas Jr Side Suede Fringe Kids BootWomen's Mariano Renzi Shoes Black Leather Hidden Wedge Ankle Boots Sz 39 NEW , Steve Madden Leather Ankle Boots Booties , Teva Women's W Foxy Tall Leather Boot,Black,6 M US

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.

Paul Green Newbury Ankle Suede Bootie Size Black Zip Suede Ankle Leather Women's Size US 8 a14425f -