View Original Article


Tods Gommini Pantfola Frangia Catena 40Stunning And Near New Jimmy Choo Electric Blue Leather Flats Sz 41 , Naot Women's Pleasure Casual Mary Jane Pump Shoes Vintage Smoke/ Black LeatherTory Burch Claire Reva Ballerina Flats Gold Logo Ballet Shoe 6.5 Navy Leather , Stuart Weitzman Metro Women's FLATS Black , Burberry Ballet Flats Plaid House Check  Black Leather Women Size USA 8.5 , Isabel Marant woman boat shoes real snake leather orange color tassels summerNIB Tod's Gommini Cassetta Classic Moccasin Driving Loafer Black Suede SZ 6 36 3Naot Adriatic Shoe - NIB - Free ShippingBIRKENSTOCK IONA Dark Red Leather Mary Janes BurgundyValentino Garavani Black Leather & Satin Bow Scrunchy Ballet Flats SZ 37.5 , NIB Tory Burch Women's Hicks Garden Nappa Leather Minnie Travel Ballet Shoes 8.5 , ARA WOMEN'S BETTY BALLET LOW HEEL STYLE SLIP-ON SHOE STYLEWomen's Salvatore Ferragamo Varina coo 1cm shoesBrand New authentic Chiara Ferragni Blue Denim Slip On SizeNIB Giuseppe Zanotti Alien Sandals In Metallic Snakeskin Size 39.5BIRKENSTOCK SHOES LISMORE NUDE LEATHER WOMEN'S LADIES MARY JANE BALLERINAS FLATSAuth PRADA Opera Shoes Enamel Black Flat Size 35 Free Shipping 26141465100 BPRARE Vintage Gianni Versace Medusa Head Logo Loafer Size 38,5 - 8 US , NIB TOD'S Italy Mules/Loafers Red Patent Leather "Pellame Check" Sz 9.5SO CUTE! Women's $450 Stubbs and Wootton Suede "CARRIAGES" Slippers Loafers Shoe , *Retired* Rothy’s Gray Camo Flats With Red Soles , EUC Size 10. St John Suede Loafers Brown Fashion Shoes Made In Italy , New Lucchese M4876 Mule / Slip On Size 8 BTORY BURCH Minnie Ballet Flats Leather Shoes Embellished Two Way Blush 10 NIBJ.Crew Pom Pom Tartan Flats Size 10 NWB , Salvatore Ferragamo Enea Panna Gold Beige Ballet Flat Matte Glitter Slip On 10.5 , Occident Womens Flat High Top Flower Mesh Round Toe Shoes Sandals Ankle Boots szFreda Salvador New Dig Black Womens Shoes Size 8 M Flats MSRP $395

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.

Arche Shoes Black Flats Black 27793 Ballet Flats Suede France Size Womens Size US 8 2c6a2c9 -