View Original Article

TECHCRUNCH

BLACK WEATHER RESISTANT COMFORT BOOT RAIN SNOW TREAD WOMENS 9M FAUX FUR EASY ZIPChic Women Fuax Suede Bowknot Round Toe Pumps High Heels Slouchy Boots Black/RedGianni Bini Boots Heels Croc Embossed Brown Womens Size 9.5Madden Girl Women's Ariizona Ankle BootNORTHSIDE WOMEN'S RUBBER WATERPROOF RAIN BOOTS RAINBOOTS US 7Frye Boots Tan Ankle or Lower Calf High Buckle Behind Ankle Size 7.5 WomanBamboo Womens Marlyn Contrast-stitched Wedge-heel Microsuede BootsBare Traps Tommy Taupe Medium & Wide Calf Riding Boot SALENine West Womens Olwyn Leather Closed Toe Mid-Calf Fashion, dark brown, Size 7.0 , Ladies Orange PVC Quilted Leg Welly 1066New Women Block Heels Faux Suede Ankle Boots Round Toe Zip Shoes Plus size b77Vince Camuto Womens Boots Size 8 Brown Leather Gold Tone Hardware Knee LengthWild Diva Lounge Thigh High Beige Sude Heel Boots Sz 8Extreme by Eddie Marc Women's Faux Leather Tall Knee High Fashion Boots Taupe 8 , $65 Michael By Michael Shannon Womens Jenny Ankle Bootie Shoes, Taupe, US 9 , Marc Fisher Women's Trist2 Ankle Boots , Sexy High Block Heels Leopard Womens Ankle Boots Autumn Casual Shoes Plus Size , New Women C Label Topaz-7 PU Knee High Pointy Toe Harness Buckle Riding Boot , Clarks booties 7 ankle pumps brown leather harness strapNwt old navy boot green brown black animal print ankle high fuzzy leather Sz 8 , Clarks Women's Purple Suede Faux Fur Edging Winter Round Toe Ankle Boots Size 7W , ED HARDY BLACK SUEDE BOOTS FAUX FUR LINING LOVE LIFE STUDS Sz WOMEN'S 8 M , Karen Scott Women's Bryann Ankle Booties Size 6 Black , Womens Riding Flat Thigh High Winter Biker Shoes Fashion Tall Pirate Boot , Womens Pure Colors Slip on Party Pointy Toe High Heels Pumps Dress Shoes Size 39 , Womens Karen Scott Cahleb Fabric Ankle Boot Wine Size 7.5 MHELLY HANSEN Womens 6" Bergen WP Steel Toe Composite Plate Work Boots Black 8.5MLADIES WOMENS WARM MIDCALF QUILTED WATERPROOF SNOW BOOTS SHOES , Pikolinos Women's Size 37- 7 US Taupe Brown Ankle Boots Booties Heels ,

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.

Cougar Waterproof Rubber Medium Woman's Pineapple Buckle Black Woman's Shoe Rubber Size 6 Medium New 4a75f8c - gravityxdance.com