View Original Article


ZARA WOMENS BLUSH SUEDE LEATHER D'ORSAY STRAPPY LASER-CUT FLATS - US SIZE 8/EU39Waldlaufer Women's Hazel Wedge Loafer Shoes Kroko Black Patent Leather New!John Fluevog Black Leather Slip Ons Womens Size 69 - JOHN FLUEVOG Brown Leather Unique Stitched Pointed Toe Shoes Flats 0804JTPUMA Women's Zandy Ballet Flat Shoes Black Size 10.5 , Fly London Softinos Ako Black Leather Comfort Slip-on Shoe 40 9 9.5 NEWDANSKO WOMENS CLOGS WIDE PRO CABRIO BLACK SIZE W 9.5 10 USSas Women's Siesta - Wide Loafers & Slip-Ons ShoeTwisted X Women's Charcoal Driving Mocs WDM0102PRADA WOMENS FLAT SHOES BALLET BLACK LEATHER SIZE; US 5.5SoftWalk Women's Napa Mj Mary Jane FlatMixed Colors Women Leather Casual Shoes , OLUKAI SAMPLE 20264 WOMEN'S ONEO LEATHER SNEAKER SHOES CONVERTS TO SLIDES US 7 , Anniel Black Leather Glitter Fringe Moccasins FW15 Size 38 8 New $195 5486Dr. Martens Women's 1461 Mono FL 3-Eye Faux-Fur White US 9 LAST!!! , Dr. Martens Women's 1461 Egret Playing Card Print Repeat Backhand ALL SIZES!!NEW DANSKO WOMEN'S NEELY SLIP-ON LOAFER TANGERINE LEATHER 37 7 MEDIUM $145 , 1980s SCANIA Vintage Swedish Wooden Leather Navy Painted Kurbit Clog 7.5 - 8 , TODS TOD'S sz 42 womens Suede Leather Flats / Derby shoes [#F6]Puma Womens Pink Suede Low Top Casual Shoes Sneakers 7 Medium (B,M) BHFO 3361 , Burberry flats 38 8 shoes leather nova check gold made in italy , THINK! IRIDESCENT FLORAL PRINT LEATHER FLATS/SHOES FLOWER Size 6.5EXCELLENT CONDITION ALEXANDER MCQUEEN UNION JACK BRITISH FLAG FLATS SZ 41MSGM ankle strap fashion espadrilles in animal print canvas Size US 6.5 -TORY BURCH Beautiful White Leather Eddie Ballet Flats Sz 9.5 , Grey suede Aquazzura Belgravia shoes flats Size 35 1/2 /2 US 5 1/2Womens Fly London Myso Low Wedge Heel Biker Buckle Zip Winter Ankle Boots , NWB $595 Giuseppe Zanotti Black Satin Lip Tassel Fringe Loafer Shoes SZ 37/7NIB Cole Haan Women's Tali Bow Leather Espadrille Shoes in Black W09844

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.

Cole Haan 2.Zerogrand 2.Zerogrand Laser Wing Oxford Leather Leather 7 Black White Women's Sz 7 B NEW!! cdf45f7 -