View Original Article


T9 Rag & Bone Margot Fringe Stone Suede Cap Toe Bootie Women's Sz 39.5 M , Seven7 NEW Women's 10 Aqua British Girl Rain Boot New Without Box , K37 NEW Rag & Bone Harrow Stone Suede Cap Toe Ankle Boots Women's SZ 36 MNorthside Women's Sun Peak Waterproof Cold Weather Boots Stone Shoe Size 8 , Rock and Candy by Zigi "Spraypaint" Brown Combat Ankle Boot Round Toe Size 6 M , Women's Knee High Military Combat Buckle Fashion Boots PU-Leather Riding Zipper , Women's Rocket Dog Soundoff Brown Ankle Boots Size 9 M , Chooka Bainbridge Chelsea Ankle Boots Navy Blue Women's Shoes Size 9 M , Chooka Womens Midtown Strappy Rubber Almond Toe Ankle Cold Black Size 9.0 JpfB , Women's Ariat tan leather clogs size 7.5BY1 NEW Rag & Bone Newbury Mineral Suede Ankle Boots Women's Sz 38 MNature Breeze Black Ankle Boots Women's Shoes Size 8 M NEW , DV designed By Dolce Vita Women's Taupe Sam Perforated Boot Bootie Size 11 - NEWSporto Sheila Black Puff Style Ankle Booties 7 New , Womens Patrizia Black Leather Ankle Boots Size 40 EU/9.5 US , CL by Chinese Laundry Women's Sz7.5M Black Heels Buckle Accent Knee Boots ShoesChooka Womens Midtown Strappy Rubber Almond Toe Ankle Cold Black Size 8.0 JTCC , Nude Red Ankle Boot Size 37 , Women's Bucco Capensis 4968 Black Suede Mid-Calf Boots Shoes Size 7.5 M NEWChooka Womens Midtown Strappy Rubber Almond Toe Ankle Cold Black Size 9.0 H2vj , Dexter Womens Boots Black Leather Knee High Riding Equestrian Tall Sz 7.5 M , 1857 NEW Rag & Bone Agnes Gray Suede Block-Heel Boots Women's Sz 38.5 MChooka Womens Midtown Strappy Rubber Almond Toe Ankle Cold Black Size 9.0 aeWuZ15 Tory Burch Huxley Black Leather Mid Calf Leather Boots Women Size 5 M , F24 Rag & Bone Willow Black Leather Studded Bootie Women Size 40 M , Bearpaw Abigail Brown Suede Short Winter Boots Women's Shoes Size 7 M , Rocket Dog Womens Brown Sheriff Ankle Boots Shoe Size 7 M , NAOT red leather ankle boots booties | comfort shoes | women's size 10 , White Mountain NEW 5.5 M Tantalas Brown Suede Faux Fur Lined Flat Snow Boots ,

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.

Anthropologie Leather Black Real Leather Riding Boots Boots Riding Size 36 Or 6 8fb2c3c -