View Original Article


Marc Jacobs Rain Boots AUTHENTIC Hunter Mark Heel Shoes Flats Wedges Heels , New Women's Anne Klein Bunty Chelsea Dark Brown Leather Boots Size 10 MSRP $119 , Zee Alexis Womens Molly Ankle Boots Black 9.5 MLuxury Women's Sexy Diamond Crystal High Heel Zip Up Sandals Size US 6-7.5Schuler & Sons Philadelphia Black Pebble Leather Ankle Boots Women Size 7 B EXUC , $229 MISS SIXTY ISSAC SLOUCHY DISTRESSED TALL WESTERN BOOTS VINTAGE Women's 6 36 , Propet Women's Madison Tall Zip BootBottes PAO Cuir Nubuck Gris T 41 TBE , PLDM by Palladium Holcomb Ibx -Stivali classici alla caviglia Donna , Nero 37 EU , Lucky Brand Womens HARLEEN Leather Almond Toe Over Knee, Nutmeg, Size 6.5Harley-Davidson Womens Retta Leather Closed Toe Ankle Fashion, Black, Size 5.0 NBottes MURATTI Cuir Noir T 40 --> 41 TRES BON ETAT , Bottines Boots MINELLI Cuir Noir T 40 TTBE , NEW Matt Bernson Women's 'Marlow' Raffia Bootie - 11Rieker Boots with zipper, Sneakers Fabric lining, L09446 NEUZee Alexis Womens Monica Ankle Boots Warm Grey 9.5 MNIB~ B.O.C. BORN AMANDINA BLACK FAUX LEATHER EQUESTRIAN BOOTS BUCKLED STRAPS~ 8MGL - BOTTES TALONS 8 CM TOUT CUIR GRIS NUANCé 36 - EXCELLENT ETAT , VINCE CAMUTO KALLIE BLACK TWO TONE CALF WOMEN BOOTS SIZE 6 M MSRP $229 , $280 sz 6 Dolce Vita Meris Antracite Suede Over-The-Knee Boots Womens Shoes NEWVIA SPIGA Sz 5.5 Black Back Zip Leather Fold Over Knee Georgia Boots 100939SLVarda Womens Shoes Size 36 6 Brown Solid Suede Mid Calf Boots Casual , NEW WOMENS DESIGNER MODA SPANA BLACK ULTRASUEDE OVER THE KNEE TALL BOOTS 8.5-Patagonia-Boots-Lugano-Waterproof-Espress Size US7 /5 UK /38 EULa Sportiva Trango TRK GTX Women's Greenbay Hiking Boots 8M , Tommy Hilfiger, Dark Red Rain Boot, Gold TH Emblem, Women's size 5, NWT , KELSI DAGGER, MARCELLE ANKLE BOOT, LIGHT GREY, MISMATCH, LEFT US 10, RIGHT US 9 , La Sportiva Trango TRK GTX Women's Greenbay Hiking Boot 10M , Suede Groundhog 2-Layer Insulated Unisex Ladies Gents Ski Snow Boots S8 ,

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.

MURATTI 5sfg-18768 37 Bottines Boots Pointues Cuir Fripé Petits Talons T Fripé 37 TBE 46959da -