View Original Article


Naturalizer Helina (Women's) Size 8M BALLET FLATS SHOES PEWTER LOAFERS NEW$250 ROBERT ZUR Petra Womens 8.5 AA Glove Leather Driving Moccasins Loafers , NEW Womens 6.5 Cole Haan Air Bria Huarache Brown Peep Toe Woven Leather Shoes , Tory Burch Three Tone Brown Tan Beige Big Logo Flats Womens Shoes Size 8 1/2NWT FITFLOP LEATHER F-SPORTY ELASTIC STRAP MARY JANE FLAT BLACK Black PATENT 8US , Spring Step Slip On Flat Loafer Shoe - Womens Navy blueSoftWalk Norwich Women's Flats S1564-003 Black 9 MB.O.C. by Born Howell leather clogs quilted black sz 8.5 Med NEW , Birkenstock Footprints Womens Brown Leather Eur 42 , ROCKPORT PENNY-CH WOMEN'S BLACK LEATHER SLIP-ON SHOES, CAG34BK $100.Diane von Furstenberg Womens 10 M Cadah Tan Suede Fringed Espadrille Shoes Flats , Earth Callisto - Women's Comfort Slip-on Shoe Black - 9.5 Medium , Laidback London Moccassin Brown Leather Suede Booties USA 7.5 Handmade Wool , Sam Edelman Augusta Scalloped Edge Loafer 6 M Ink Blue Suede New with Box , Boutique 9 Yendo Womens Ballet Flats Shoes, Black, Size US 7New Women's Horsebit Detailed Princetown Synthetic Leather Classic LoafersNEW CHACO TAN LEATHER ZAA BAA SHERLING LOAFER SHOES WOMENS 6 SLIP ONS FREE SPCREEPER-214 3" GOTH PUNK ROCK CASUAL T-STRAP MARY JANE CREEPER PLATFORM BOOT , Oasis Mary Jane - Canvas Diabetic Shoes with Hook & Loop Strap - New in Box , NEW! NIB! Sperry Top Sider A/O Light Pink Woven Leather Boat Shoes Sz 9 $130NIB Camo Leather Moc Ballet Flats Women's Size 9/40 - BOXED**Via Spiga Leather Flat - Women's Size 10 M, White , Ahnu Karma Latitude Leather Red Stone Yoga Shoes Flats Women's Size 5 USAhnu Gracie Seaspray US Women 6.5 , NEW CHACO LEATHER SLIP ON LOAFER SHOES WOMENS 10 SHITAKE ZAAGH VIBRAM GUNNISONChic Womens Vintage Rhinestones Flower Beads Collegiate Brogue Oxford Shoes SizeNEW! NIB! Dr. Doc Martens Taupe Floral Linen Canvas 1461 Oxford Shoes Sz 9Brand New Joyfolio Black And White Stripe Shoe With Bow! Sz 7. Amazing! , Sabrinas London Ballet Flats Size 39 EU Studded Leather Shoes 8 or 8.5 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.

Free People People size Mare Slip on 8 clogs size 38 us 8 wood leather NWOB d343a4e -