View Original Article

TECHCRUNCH

Womens Joules Wellibobs Winter Waterproof Ankle Rain Boots Wellingtons US 5-10womens over the Knee High Boots Sandal Stiletto Peep Toe shoes StretchyCole Haan Women's Yellow Rubber Pull On Waterproof Rain Boots US Size 10 BMYMA Bottines Boots Cuir Fripé Noir Doublées Cuir T 35 TBE , Elegant Womens Chinese style Embroidery Ankle Shoes Stilettos Pointy toe Boots L , Anne Klein Women's Jeannie Ankle Booties Size 9 Dark Cognac Leatherdav Bonnaroo Waterproof Lined Rain Boot - Black US Size 9 NWOBREPORT FOOTWEAR Womens GEMI Dark Brown Over-the-Knee Boots US 6.5 (885483518125)$229 Steven by Steve Madden Womens P-Wonder Boot Shoe, Cognac Leather, US 6.5White Mountain Womens BEHARI Fabric Closed Toe Ankle Fashion, Chestnut, Size 6.5 , BX336 FRANCESCO MILANO shoes black leather women ankle bootsAlfani Womens NWB Carlad Dark Brown Boots 9 MED NEWEric Michael 'Hannah' Brown Leather Women's Ankle Boots Size 6.5 - 7 / 37SAN MARINA Bottes Genoux Pointues Daim plissé et Cuir T 39 TTBE , Pajar Mia Waterproof Boot Faux Fur Trim Maroon/Black Comfort 9-9.5-Aerosoles Women's Password Mid Calf Boot, Pink Fabric, Size 6.5 ogV5Tamaris Womens Cigarra Suede Bootie - Beige Size US 8 |$200 Steve Madden Womens Pampered Heels Boot Shoe Brown, US 6Naughty Monkey Womens Vamp Phyer Ankle Bootie- Select SZ/Color. , DIESEL RUN TO silver and white leather mid calf flats sporty zip boots 10 M NEW , ZARA NEW EMBROIDERED STOCKING-STYLE HIGH HEEL COURT SHOES 6264/201 US6, EU36,REQINS Bottes à Talons Cuir Gris Foncé Doublées Cuir T 40 BE , INC International Concepts Womens florian Closed Toe Ankle Fashion BootsNocona LDUK11 Womens Kentucky University Brown Branded College Boots sz 8.5 , PORTO LEONE Bottines Boots Cuir Noir Bandes Elastiquées T 41 TBE , MINNETONKA Grey Suede Leather Three Fringe Moccasins Womens 8 , Harley Davidson Womens Sz 6 Boots Motorcyle Moto Black Silver Buckle Worn Once , Bottes de pluie en caoutchouc JC De Castelbajac noir taille 38 us 6.5 , CHARLES DAVID WOMEN'S RANDSOM ANKLE BOOTS DISTRESSED BROWN LEATHER SZ 6

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.

Durango Women's Western Size Shoe Boots Shooties Shooties Size 9.5 Women's New in Box 6143c7a - gravityxdance.com