View Original Article


8100 Melrose Taupe/Black Leather Two Tone Ankle BootWOMEN'S JUSTIN 'DARK BROWN' WESTERN BOOTS SIZE 6.5 B , Keen Women's Voyageur Brindle/Custard Mid Hiking Boots 11M , 8100 Melrose Beige Leather Short Boot W/Brown Strap , MIA Womens Farley Over-the-Knee Buckle Boot - Brown Size US 7 NWOB , BRAND NEW Madden Girl Persiss Knee High Boots Womens Color Black Size 7.5MWomens White Mountain Tan Fuzzy Warm Pull On Boots Size 7.5 MediumNina Womens Cherie Fabric Open Toe Classic Pumps, Cvs-midnight, Size 9.5 , Fergie Romance Women Boot (7.5M, Portico Leather) , Reef Womens Bungee Fabric Closed Toe Ankle Fashion Boots , Cat By Caterpillar Vivienne Mulch Womens Leather Boots US 9.5 M,Schutz Women's Nadia Cutout Nubuck Open Toe Single Sole Bootie , Bebe Penelope Animal Print Oxford Ankle Pump Booties . NIB Size 7.5Cat By Caterpillar Coretta Ginger Bread Womens Waterproof Boots 9.5 M, , Shellys London Womens toddy Closed Toe Knee High Fashion Boots, Black, Size 8.5BCBG Maxazria Bernice Leather Day Boots Mink Brown Womens Size 8.5�NEW Sam Edelman Kinzey Metallic Jacquard Kitten Heel Booties MSRP $140 , Autumn Winter Waterproof Women Two Wearing Casual Flat Tooling Martin Boots , Apres PW3005 BLACK Faux Fur Ankle Boots SIZE 7M , Franco Sarto Womens harwick Leather Almond Toe Ankle, Desert Khaki, Size 9.0 Y8e , DSW women's boots bornshoes brand new in boxMossimo Supply Co Women's Ankle Boots Size 7 Heel Brown New All Season's , Lucky Brand Womens Kassidy Leather Peep Toe Ankle Chelsea, Brindle, Size 9.0 NUM , AMBER ROSE Mi Bottes Tout Cuir Rouge Foncé Reptile T 37 TBE , Steve Madden Miidori Women's Brown Leather Rpound Toe Kne High Boots Size 7 M , Markon Mister Shoes Tall Riding Boots 7M Brown Pull On Leather Style 3651Bearpaw Women's Emma Short Chocolate Suede Fur Lined Sheepskin Warm Winter BootsJournee Collection WC Lawren Riding Boots Black Size 10 , Vasque Womens Talus Ultradry WP Leather Cushioned Hiking Outdoor Boots Size 7 W

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.

$159 Chelsea NEW & Toe Zoe Kadence Pointed Toe Over Boots The Knee Boots Size 7 Black NEW 0d68026 -