View Original Article


Skechers Skech Knit Women's Sneakers Size 10 Gray Teal Tennis Shoes Flex Sole , Womens Merrell Air Cushion Zip Up Sneaker Brown Maroon Metallic 7.5 Used , NEW BALANCE WW 980 Walking Athletic Shoes Women's Size 11 / 2A Black/ White , FILA Womens Size 9 Navy Blue and Fuschia Athletic Walking ShoesNEW BALANCE WOMEN RUNNING SHOE SIZE 8.5~NEW BALANCE 645 WOMEN RUNNING SHOE 013FIT KICKS ACTIVE LIFESTYLE FOOTWEAR LAVENDER/CREAM SIZE M (7-8) WOMEN'S , Very Nice K Swiss ST329 CMF Woman’s Size 7 white & TurquoiseDansko Gray Leather Suede Tennis Shoes Sneakers Excellent! Sz 37 USWomens Trainers casual breathable size 8 tennis shoes , RARES BASKETS G STAR RAW LOOK BAROUDEUSE ARMY T 37 A ACHAT IMM FP RED mon , Womens white new Balance Comfort Trides Size 7Reebok Women's 8 Smooth Fuse Frame Walk Running Shoes Purple Teal SneakersNautica Women’s 7.5 Two-Tone Blue Denim Canvas Slip On SneakersWomens Converse, Shoreline, Sz 9, GrayPUMA Women's Vikky Lo Top Suede Sneaker, Gray/Cream, Size 8.5 M (US)Sam Edelman Womens Leya White Fashion Sneakers Shoes 8.5 Medium (B,M) BHFO 3041 , Women Man ALL STARs Chuck Taylor Ox Low High Top shoes casual Canvas Sneakers HY , CONVERSE ALL STAR Chuck Taylor Canvas Mid Top Gray SNEAKERS Womens Size 7Women Gold High Top Pumas Sz8Pony Womens Topstar Core White Low Top Sneakers Shoes 7.5 Medium (B,M) BHFO 3154Asics gel Kyano 24 Blue Size 8 UsedBASKETS KAWASAKI NOIRES T 38 TBE ACHT IMM COLLECTOR FP RED MOND RELAY VOIR , Women's Asics Corrido track cross country running shoes with spikes black/grey$45 BOBS from Skechers Women's Sunset Fashion Sneaker 34166 White/Navy 8 UsedWomen's New Balance 540 V2 Running Shoes Size 9 Grey Silver Blue , Ralph Lauren Polo Vintage red white black sport sneakers Shoes womens sz 5 BKeds Women Size US 6 Red, White Blue Cable Knit Slip On Casual Shoes WF22423M , NEW Bernie Mev Layla Slip-On 38 Metallic Bronze Woven Elastic Flat Shoes , Asics Women's Hyper Rocket Girl SP 6 Size 7

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.

SALE @ FILA Hi Hi Womens Tops Coffee Bean Athletic 27727 Leather Walking Shoes Womens Sz 8.5 8888b31 -