View Original Article


NWB Anthropologie Fey Slingbacks by Pilcro, Size 6, 7, Pink/Silver, CuteLucky Brand Womens LK-Acaciah Suede Closed Toe LoafersNEW Sperry Top-Sider ANGELFISH Dot Graphite Deck Shoes $90 , Palomitas By Paloma Barcelo' Suede Espadrille Flats Taupe Women's 5.5 M USALL BLACK Shoes 933483 BeigexMulticolor 36Soludos Rose Gold Leather Slip On Espadrilles, 5M, NIB, MSRP $89SEGNI E SENSI Shoes 387509 Pink 36gaimo Shoes 653572 Blue 36 , Anne Klein Womens romy Closed Toe Loafers , Cole Haan Womens Pinch Jute Weekender Almond Toe Kalidescope prt Size 8.0Kenneth Cole New York Womens Annie Leather Closed Toe Oxfords , Russian Style Zipper Comfortable Women Shoes , ne quittez pas Shoes 080023 Black 36Amalfi by Rangoni Womens Matta Closed Toe Loafers$145 J.Crew Gold Silver Women Metallic Gemma Glitter Flats 7 1/2 prof. re-soled , CHLOE Brown Leather Flats Size 36B.O.C Womens liily Closed Toe Slide FlatsAPEX SHOES 9.5 / 41 WIDE Mary Jane Therapeutic diabetic Leather shoe Size 9.5 WAnne Klein Womens kazi Closed Toe Mules wine mu Size 10.0 , Cole Haan Bria 6.5 B Woven Bronze Leather Mary Jane FlatsWalking Cradles Womens blaire Closed Toe Slide FlatsFILLING PIECES HAND CRAFTED BLACK SNEAKERS or US10Naturalizer Womens Kiara Leather Closed Toe Slide Flats, Black, Size 9.5 , Rockport Oxley Black APM 20001 - Women's Size 10W - NewThe Line Cassy stylish flat womans shoes in a selection of colours and sizes , Stuart Weitzman 7.5 M Gold Glitter Beige Leather Ankle Wrap Flats , WOMENS BORN COMFORT BALLET FLAT SHOES 9 M BORN SHOES 9 , SALE @ J CREW Loafers UNIQUE STRIPED Espadrilles Ballet Flats Womens Shoes Sz 6Anne Klein Womens Ursala Cap Toe Ballet Flats

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.

BOISSY Ballet BOISSY flat 27793 Lunel Beige Gray Beige 3906413 -