View Original Article

TECHCRUNCH

NEW Sam Edelman Women's Ankle Boot Bootie Black Suede Round Toe Shoe Pierson 5.5Vince Camuto Benettas Ankle Boots Brown Leather Women Size 8The Flexx Leather Flats - Pom Pom Aurora Dune med 9Isola Women's Black Leather GABRIELA Reptile Tall Boots Shoe Size 6.5 M NWDSHOE DAZZLE FAUX SUEDE 4.25" WOODEN WEDGE HEEL ADJUSTABLE BUCKLE , ZARA WOMAN (10/41) BLACK ELASTICATED ANKLE BOOTS Sz10us 41eur 2156/301Alegria Leather Multi-Strap Sandals w/ Backstrap Kleo Gold Your Own 37(7-7.5)Via Spiga Women's Tall Black Leather Edeline Riding Boots Shoe Size 9.5 M NEW!Nine West Black Suede Boots Size 7.5 Medium wideSaks Fifth Avenue Womens Boots Sz 8B Black Suede Knee High Long Leather NICE! , Vince Camuto Wintra Black Leather Moto Boots / Booties Size 5.5 (35) , Vince Camuto Women's Black Leather Brunah Boots Shoe Size 7.5 M , Calvin Klein Womens Catia Over the Knee Boot- Pick SZ/Color. , Justin Gypsy L9905 6.5b Womens Black And Turquoise Leather Boots , womens frye Leather boots size 8 , Bandolino Carlotta Wide Calf Riding Boots 465, Black, 7 US , Clarks Leather Medium Calf Boots - Whistle Whey Navy 6.5 wide , Naturalizer Zarie Ankle Boots - Women's Size 10 M, BlackNEW CLARKS CLOUDSTEPPERS SILLIAN CHELL ANKLE BOOTS BOOTIES WOMENS 5 AUBERGINE , Lauren Ralph Lauren Zacha Brown oiled Distressed Leather Boots Women's Size 10BCirca Joan David Bay Distressed Brown Leather Knee Boots Shoes Size 6.5 @ cLOSeTNew Without Box 9.5 M Fergalicious By Fergie Lundry Tall Black Boots Woven Back , NEW VINCE CAMUTO FERMEL Slouch Tassel Boots WOMENS 8.5 Brown Suede $169. , SHOE DAZZLE FAUX LEATHER FLAT 1.25" HEEL INNER ZIP STRAPPY BUCKLE SWEATER CUFFWomen's MERRELL Boots Size 8.5 US 6 UK Oak Brown Embossed/Tooled Leather Pull OnBear Paw Elle Tall Boot- Women's Size 7, Black , Lucky Brand LP-Tommie Boots distressed Womens Size 10 Brown HeelssTEVA BROWN LEATHER PULL ON BOOTS ULTRA URBAN GREAT SOLES SZ 9/40 CHILL BOOTS!!Naturalizer Womens Leather Ankle Boots 7.5M Cream Tan Shoes ,

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.

Pietro Pietro Shearling Boots 5.5 Sz US Sz 5.5 3d43191 - gravityxdance.com