View Original Article


Skechers Women's Sz 8 Black and Pewter Leather Active Walking Shoes Flats , Women's SKECHERS Shape-Up 11817 White/Blue Walking Fitness Comfort Shoes (Sz 10) , Women's Winter Cotton inside Hiking Trail Shoes Trekking Sneakers Shoes 2019 NEWAdidas Women's CF Lite Racer Cloudfoam Slip On Shoes Variety Black Pre-OwnedAsics Gel-Exalt Women Running Shoe Titanium Lightning Grape Size 8.5 M Athletic , NIKE Dart 8 Fitness lot Size 8.5 , Ballerines Basket Femme Toile esprit Bateau semelle antidérapante Pierre-cedricWomens Casual Sneakers Flat Pumps SlipOn Ladies Comfy Platform Trainer Shoe SizeLadies Prom Party Ballroom Latin Tango Modern Salsa Dance Shoes Heels Sandals 1P , Winter Fashion Casual Korean Athletic Loafer Sports Ankle Boots Men's shoes OP60 , MIA Women's Boots Mid Calf Brown Patches 3" Block Heel Side Zipper Size 7Women Platform Hidden Wedge Heel high Top Canvas Shape Ups Sneakers Sports Shoes2018 FASHION Women's Ankle Boots High Top Wedge Hidden Heels Sneakers Shoes SizeWomen's Lady Slip On Shoes Loafers Casual Athletic Sneakers Canvas Sport ShoesNike womens black coral Flex Fury lightweight running shoes 11 M 705299 EUCPuma Suede Classic Sneakers Womens Size 6 Pink Trainers Leather Runners , Q26 OTBT Star Dust Black Leather/ Textile Cutout Sneakers Men's Sz 8.5 MNike Cycling Shoes Black Silver With SPD Clips Womens 7 , New Balance Women's Athletic Shoes 442 Brown Suede Size 7.5 MQupid Women's Moira-07 Sneaker, Black, Size 7.5 Pa9vSALE! NEW WOMENS LEVI'S VENICE RED TAB 70s Levis TRAINERS Sneakers BLACK Loc:46C , Womens Girls Casual High Top Sports Shoes Sneakers Flat Ankle Boots Skate Shoes , Women's Casual Walking Shoes Platform Sneakers Women Sport Fitness ShoesOutdoor , Women's High Heel Wedge Platform Pumps Ankle Canvas Zipper Casual Sneaker SolidCrocs Women Duet Busy Day Xpress Mesh Skimmer Shoes , Nike Women's Free 5.0+ Running Shoe 9 , Adidas Goodyear Street K 667593 Dark Brown Showroom Sample 3.5 Y / 5 Women , CONVERSE SLIP ON LOAFERS BOAT DECK SNEAKER TENNIS SHOE MEN 8.5 WOMEN 10WOMENS SIZE 4.5 ADIDAS SHOES **WHITE, PINK, GRAY** SUPER NICE!!!

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.

Women Increasing Slip On Shoes 27800 Height Shoes Increasing Slimming Wedges Sneakers Walking Platforms fc49f90 -