View Original Article


Womens Barbour Jarrow Mid Calf Winter Waterproof Wellington Rain Boots US 5-11NWT Women's SONOMA Goods for Life Crayon Hiking Boots Shoes Choose Size Black , Womens Barbour Bede Snow Waterproof Winter Wellingtons Mid Calf Boots US 5-11Vintage Zodiac Womens Brown Leather Boots Sz 5.5 MNEW Totes Womens 7.5M Rogan Snow Boots Black Faux Fur Full Zip WaterproofCAT Caterpillar Colorado Non-Safety Mens Ankle Work Boots Brown UK13 , Stylish Carlo Pazolini Italian Suede Black Boots!CAT Caterpillar Colorado Non-Safety Womens Ankle Work Boots Brown UK5Nine West Women's Zadan Leather Ankle Boot, Black, Size 5.5 yLpC , Women Over Knee Tigh High Riding Boots Denim Pointed Toe Zipper Casual Shoes , Bottes AIRSTEP Cuir Très Souple Noir T 39 TRES BON ETATCole Haan | Black Suede Wedge Boots – Size 7 M , Helly Hansen Ingvild High Womens Boots Castler Rock 10040394.6XW WHSTAIRS , CAT Caterpillar Colorado Non-Safety Womens Antler Ankle Work Boots Brown UK3TALBOTS Light Brown Beige Leather Buckle Accent Ankle Zip Heels Boots 8 AABelstaff Moto Brown Distressed Leather Ankle Short Boots Shoes Size 38La Canadienne Womens Shoes Size 6.5 Brown Solid Suede Knee High BootsVince Camuto Bashan Over-the-Knee Pull On Leather Boot DARK NAVY 12W NEW 569-856Brown Tan Suede Moccasins Native Indian Fur Trim Boots Womans size 6 7 8 9 10 , Ladies Kickers Kick Hi Core Classic Leather Office Work Boots Shoes All Sizes , Steve Madden Womens Size 7m Black Notedd Peep Toe Block Heel Booties , Bed Stu Women's Manchester Tall Riding Boot - Teak Glaze Size 9.5 w/ defectLAURA BIAGIOTTI women boots sz 6.5 Europe 37 black leather S6760*FALL FABULOUS!* Donald J. Pliner Burbon Brown Croc Embossed Ankle Boots sz 7 M , Jambu Womens Black Hemlock Leather Snow Hiking Warm Boots Shoes Ret $115 NewNine West Jayden 10 M US Suede Leather Fringed Mid Calf Cowboy Boots Black $169 , BCBGMAXAZRIA Black Leather Triple Zipper Detail Tall Knee Heel Boots Size 8 , Women's FRYE Brown leather Western Biker Harness Boots Sz 6.5 MLadies PAJAR CANADA waterproof winter boots roll over fur cuff USA 5-5.5 ,

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.

Womens 5-11 Barbour Bede US Mid Calf Waterproof Snow Wellingtons Winter Wellingtons Boots US 5-11 6d3440f -