View Original Article

TECHCRUNCH

02-3370 Franco Sarto Black Beckford Riding Boots SIZE 9M-WCHI TECH THEMO DRI Waterproof FINISH WINTER BOOTS Women's  SIZE 8 Kono Espresso , Nocona Black Leather Slouch Cowboy Boots Women Size 7 B USA , 02-2777 Chaco Women's Barbary Boots J150184 SIZE 8.5 , Women's Born Black Leather Tall Full Zipper Riding Boots 6.5 , Clarks Angie Madi Women's Bendables Winter Boot Purple Suede StyleWomen's FRYE Boot 77300-3 Brown Harness 12R Tan 6.5 Made in USA NEW!Sundance Stargazer Short Boots, Dusty Gold, Size 36 (US 6-6.5) , Women's Rory Block-Heel Pointed-Toe Chelsea Ankle Boot, Pewter Metallic, 11 B(M)New $100 Jeffrey Campbell Prieto bronze leather oxfords sz 10 (fit 9-9.5)Alegria Leather Side Zip Ankle Boots - Hayden Dame 37 (7-7.5) , Aquatalia Black Suede Pointed Toe Zip Up Ankle Boots Size 7.5 , FRYE Womens Brown Leather Strap Cowboy Boots Sz 7 B , Lane Bryant Black Zip Up Tall Boots Size 9WFrye Womens Melissa pull on Brown Leather Boots 77167- Size 6 MediumMiz Mooz Leather Sandals w/ Stud Details - Tibby Rose 37 (6.5-7) , TORY BURCH, Leather Ankle Booties, Boots, Black, Size 7M, 3.5" Heel , SOLE SOCIETY NATASHA BROWN LEATHER ANKLE BOOTS SIZE 9B/39 $90BCBG Women Knee High Boots Size 10 B 40 EU Black Leather Platform StilettoRALPH LAUREN Genna Black Leather Booties Short Boots Shoes 6 B $139 , Steve Madden Rocking Boots, Women's Size 6 M, BlackSteve Madden Rocking Women's Knee High Boots Size 6.5 Black , Vince Camuto black suede booties, size 6.5 women's with unique detailing , Zara Women Contrasting Velvet Ankle Boots Size 9 NWTSteve Madden Booties Size 8.5 Black Leather Repp Buckles Ankle Boots HeeledLucky Brand Womens Narlee Brown Leather Over-The-Knee Boots Sz 10 M , Franco Sarto Women's Barrett Slip On Boot Bootie , LL BEAN BOOTS Women's SIZE 7 - Excellent! , STEVE MADDEN SMYRNA Women Knee High Wedge Boots Size 9.5M Brown Leather

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.

Tory Burch Boots Suede and Leather Trim Tory Trim Boots Size9 c905df5 - gravityxdance.com