View Original Article

TECHCRUNCH

Kamik Women's Merlot Snow Boots Black Shoe Size 9 MNew Born Felicia Distressed Knee High Leather Burgundy Boots Size 6M $239 , Sam Edelman Moto Style Chunky Bootie Size 7 , Stuart Weitzman Suede Booties Size 8 $595 NWOB , Maurices New Women's Size 6 Tall Black Leather Boots Style 11952 Megan side zipBandolino Italian Leather Flat Boots Size 9 M , Latigo Scout Women's Scalloped Ankle Bootie Zip Boots Taupe New In Box Size 6.5Steve Madden Black Leather Nadine1 Quilted Ankle Booties Womens Size US 8MJ.CREW Women's BROWN Suede Leather Tall Cowboy Cowgirl Big Sky Boots 10 , Dan Post Dingo Boots SZ 10 M Dove Studded Leather Ankle Booties Grey Womens , NEW! Sperry Top Sider Saltwater Rain boots 6.5NEW Boutique 9 CAPER Leather Blue Tie Dye Platform Wedge Tall Boots Womens 6 , Jeffrey Campbell 'Bess-Stud' Buckle Strap Suede Bootie SZ 9 M Taupe/Pewter , BearPaw 115W Cloud Boots Brown Suede Women's Size 10 New w/o Tags!!Paul Green Muchen Chelsea Suede Leather Handmade Ankle Boot Womens Sz US 7STILETTO HEELS ITALIAN MADE BLACK LEATHER CALF HAIR TRIMMED BOOTS SIZE 36 (US 6)Clarks Avington Swan Slouch Suede Ankle Boots, Women's Size 11W, BlackSam Edelman Leopard Print Calf Hair Hidden Platform Booties Womens 8.5 Heels EUC , Sperry Top Sider Women's Emory Oxford Lug Heel Brown Boot Size 8.5 M Retail $220 , Royal Canadian ‘Louise’ Black Leather Faux Fur Lined Boots women's Size 6.5Kenneth Cole Russie Ankle Booties 412, Taupe, 10 US / 41 EUNew $348 FREE PEOPLE 'North Star' Over The Knee Stretch Boots, 37Women's BUTTER Italy Black Suede Ankle Boot Bootie 37 (US 7) Kitten Heel , Steve Madden Emotions Over The Knee Pull On Back Zipper Brown Boots Sz 6 NEWWomen's DV by Dolce Vita Ferin Shoes Black Leather Buckle Boots Size 6 M NEW! , SAM EDELMAN New Hannah Zip Buckle Booties Ankle Boot Grey Leather Boots 7.5 MNEW ZARA BLACK OVER THE KNEE STRETCH FLAT BOOTS SHOESNaturalizer Womens Saddle Tan Dev Knee High Boots Shoe Size 10 M , Clarks Brown Tan Riddle Avant Side Zip Boots Size 7 New without box ,

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.

Steven by Woven Steve Madden Gold Enda Woven Gold Black Steve Ankle Bootie. Size 7.5 New 7dccd86 - gravityxdance.com