View Original Article


Nine West 25023004 Womens Zance Leather Ballet Flat- Choose SZ/Color.BOBS from Skechers 31494 Womens Bobs Plush-Flamingo Fest Flat- Choose SZ/Color. , Eastland SUNSET MLB DODGERS Womens Sunset Mlb Dodgers Boat Shoe , LaRosa Womens Leather Oxford Backless Slipper Slip-ons Loafer Shoes 9.5 Black1 , Just Cavalli Women's S13WS0029 White Variant 40 (US Women's 10) MSkechers 73505 Street Womens Moda-Rhinestone Vamp Fashion SneakerAerosoles Women's Montana Mule Black 6 M US , Vivobarefoot Women's Jing Jing Leather - Black/Hide - 38 , Nine West Womens Onlee Mtl Ballet Flat- Pick SZ/Color. , Anne Klein Sport Women's Able Fabric Ballet Flat Ivory 8 M USCole Haan Women's TALI Bow Ballet Flat, Maple Sugar Leather, 8 C US , CLARKS Women's Everlay Iris Black Leather 6.5 M USUltragirl + Minnie III 8 M US SandAnne Klein Womens Keana Patent Pointed Toe Flat- Pick SZ/Color.Easy Spirit Gessica Womens Slip On Ballet Flats Shoes Orange Multi Fabric 6.5 , Nine West Women's Shay Fabric Ballet Flat Dark Natural 5 M US , Hot Chocolate Design Chocolaticas Eternal Love Women's Mary Jane Flat Multico...Easy Spirit Women's Traveltim291 Mule Black pa 8 W USNine West Women's Singlelady Leather Ballet Flat Dark Brown 6.5 M USPropet Women's Morgan MuleBlack6 M USNine West Awkward Leather Womens Ballet Flat- Choose SZ/Color. , Clarks 26108727-274 Coralie May Womens Peep Toe Flats Leather 9Clarks Unstructured Womens Un.Jump Loafer- Pick SZ/Color.Eastland SABLE Womens Sable Slip-On Loafer- Choose SZ/Color.Nine West Mistyray Leather Womens Ballet Flat- Choose SZ/Color.Clarks Evianna Cozy CLARKS Womens Flat- Choose SZ/Color.crocs Womens Olivia II Ballet Flat- Pick SZ/Color.Bandolino Women's Ferrista Ballet Flat Gold 9.5 M US , Eastland Women's Sage Slip-On Loafer Black 10 M 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.

Rocket Dog Womens - - Valoracc Dress Sandal- Sandal- Choose Dress SZ/Color. 335c9a0 -