View Original Article


Earthies Women's Grey Printed Suede Essen 8.5 Medium US , Easy Street Women's Draft Ankle Bootie, Black/Snake, 7 M USChocolat Blu Womens Shoes Loafers DEAN US 6 Two Tone Brown Leather Slip on 557JBU Women's Dune Encore Black Earth 9 B USEVERLANE Womens The Modern Loafers 10.5 Black Italian Patent Leather ShoesBC Footwear Women's Take Me Away Pointed Toe Flat, Silver, 7.5 M US , UIN Women's Lady-Walking Painted Canvas Slip-on Shoe Red 8 , ECCO Footwear Womens Touch Ballerina Bow Flat, Dark Shadow, 41 EU/10-10.5 M US , Jack Rogers Women's Lucie Ballet Flat, Silver, 6.5 Medium US , Easy Spirit Women's Ezcool Navy Multi Combo Suede ShoeBernie Mev Women's Demure Flat, Camo, 39 EU/8-8.5 M US , T.U.K. Women's T1002 Brogue Mary Jane Flat,Black,8 M , VIDALeather Daily Women Ballerina Real Colombian Leather Flats Flexible Ballet 9Dr Martens Smiths Daze 4 Eye Oxford Shoes Floral Multi Women Size 5 , Anne Klein Sport Aricia Flats 10 B M US, Light Pink Multi FabricJambu Women's Cheyenne Vegan Ballet Flat, Black, 6.5 Medium USTod's Italy Size 36.5 Ballerina Black Leather Flats Fabulous & Beautiful!Betsey Johnson Women's Cindi Pointed Toe Flat, Silver, 8.5 M USVince Kruger Mens Size 8 Coastal Blue Suede Slip On Sneakers Shoes F4-112 , Eastland Women's Sage Slip-On Loafer, Brown, 9 M US , Splendid Women's Danele Monk-Strap Loafer, Grey, 7.5 Medium USMerrell Women's Zoe Sojourn MJ E-Mesh Q2 Mary Jane Flat, high Rise, 6 Medium USJBU Women's Dune Encore Black Earth 9.5 B USED Ellen DeGeneres Women's Afuera Black Knit 9.5 M US , Anne Klein AK Sport Women's Oksie Fabric Ballet Flat, Light Gold/Multi Fabric, 8 , JSport by Jambu Women's Cara Mary Jane Flat, Gunmetal, 9 Medium US , Aerosoles Women's Feel Good Slip-on Loafer, Grey Wool, 6 M USRoper Women's Daisy Driving Style Loafer, Brown, 9 D US , CLARKS Women's Danelly Bodie Boat Shoe, Navy Leather, 8 Medium 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.

Zara Women Striped Striped Platform Derby Shoes Size Shoes Zara 8 NWT 7bd9824 -