View Original Article

TECHCRUNCH

Dansko Professional Black Leather - Size 41 US Size 10.5-11 $140 NewAlegria FLA 315 Mary Jane Wedge 2.5" Floral Mosaic Leather US 8.5 Nursing Shoes , Dansko Women’s Professional Black Leather Clogs Shoes Size 38 US 7.5 - 8 , SKECHERS WORK Womens Tone Ups Black Slip On Safety Clogs Shoes Size 8.5 IP-381 , Dansko Honor Sneakers Womens Size Eu 41 Blue Suede Slip On Comfort Shoes , New Women Black Chef Shoes Leather Non slip Safety Cook Poly Sheet Toe CapCrocs Freesail Shorty RainBoot Womens Shoes Rubber Boot Wellington , Romika Mokasso 233 Men Scuffs & Mules slippers comfort-width H (wide) - NEWGiesswein Neritz unisex Slippers slippers - warm and comfy house shoes - NEW , Giesswein Jever Women Scuffs & Mules slippers sandals comfy comfort-sole - NEW , Dansko Professional Clogs White Leather Nursing Clogs Size 43 US 12-13 , Aetrex Essence Womens 13 D Wide E367W Gray Suede Julia Mary Jane Comfort Shoes , Alegria PG Lite Blue Leather Loafer Comfort Shoe GLE-140 Women's 6-6.5 /Dansko Pro XP Clogs Morey Snakeskin Sophie Red Leather Size 34 EUC , Summer Women Work Safety Breathable Steel Toe Slip Resistant Anti Puncturn ShoesSanita Brown Professional Stapled Danish Nursing Clogs Women's EURO 41 (US 10.5)Womens Safety Steel Toe Anti Puncture Work Slip Resistant Breathable ankle Boots , Womens Nurse Slip On Nursing Shoes White Comfortable Wedge Walking Shoes , New Nurse Winter Leather Fur Lined Warm Wedge Work Boots Hospital Antiskid ShoesEngland Women BOWKNOT slip on round toe loafer shoes court shoes comfort school24 HOUR COMFORT Vera Women Wide Width Slip On Leather Shoes with Side Zipper , Clearweather Fringe Sneaker Womens 9.5 Scarab Green 9 1/2 Genuine Leather NIB , 24 HOUR COMFORT Clara Women Wide Width Professional Sleek Clog for Work , SAS Tripad Free Time Womens Black Suede Leather Oxford Comfort Shoes Size 8M , Converse 70 Hi Chuck Taylor All Star Election Day New Size 11.5 W Usa AmericaWomen's Skechers 76596/BLK DLites SR-Pooler Work Shoes Black , Womens areer Lady Pumps Shoes Chunky Heel Sz 35-42 Suede Decor Chunky ShoesWomens Nurse Slip On Nursing White Shoes Comfort Wedge Walking Shoes , NWOB Eric Michael "Lindsey" Sz US 10-11 Leather Comfort Loafers Laser Cut ,

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.

Sanita by Slip Dansko On Professional Dark Brown Leather Clogs Professional Slip On Shoes 38 8 b1d149a - gravityxdance.com