View Original Article

TECHCRUNCH

Balenciaga New sz 39 - 8.5 Authentic Womens High Top Sneakers Shoes black whiteBrunello Cucinelli Black Leather Loafers Leather Manili Sz.37 | 7 Us , Christian Louboutin Women Espadrilles Galia Tissu Medailles White Gold Euro 38 , BOTTEGA VENETA  BLACK  FLATS size 9  ItalySalvatore Ferragamo Womens Sz 6C Vara 3 CM Heel Cognac Pebble Calf Leather NEW!The Office of Angela Scott Mr. Smith Striped Oxford $450 , Tory Burch REVA Goat Leather Vulcano Silver Logo Ballerina Ballet Flat Shoes , Stella McCartney Metallic Silver & White Vegan Leather "Elyse" Oxfords SZ 40 , New Prada AUTH Logo Canvas Espadrille Flats Natural Beige Size US 6.5Roger Vivier Dorsay embellished patent-leather point-toe flats 38.5 US695 , PRADA Black Canvas Gold Red Embroidered Logo Espadrille Flats 41.5 , Valentino Suede Ankle Wrap Ballerina Flat , Lanvin Embroidered Ballet Flat with Bow, Black, Size 40.5 *NEW NEVER WORN*NIB Givenchy Urban Street Leather Low-Top Sneakers size 37 , NIB Charlotte Olympia Capri Cats Size 7 US Black Flats $575Tod’s GOMMINO MOCCASINS IN SUEDE white US6CUTE! Women's $450 Stubbs and Wootton Black Velvet "I DO" Slippers Loafers ShoesTHE ROW Ava Burgundy Red Buckle VE Velvet Ballerina Mary Jane Flats 8.5/38.5100%authentic Prada Patent Leather Flats shoes sz 37.5 / 7.5USNew 2018 Manolo Blahnik Model PEPIRE Silver Size 7US Retail $985Marni Dark Burgundy Calf Leather Mocasín Shoes Size 41 Made in Italy , BOTTEGA VENETA INTRECCIATO WOMENS LEATHER SNEAKERS SHOES NEW SIZE 38 , NEW! Women's $450 Stubbs and Wootton Needlepoint "SCOTCH" Slippers Loafers ShoesVALENTINO SOUL ROCKSTUD METALLIC LEATHER MULES SIZE 36 , Balenciaga Studded Wing-Tip Derby Loafer, Bleu Obscur Womens Size 7 / 37 $885 , 7.5 / 37.5 CELINE Optic Smoking Slipper Black & White leather Loafer Flat ShoesNew Salvatore Ferragamo Capua Flower Heel Bow Leather Flat Vara Fuchsia 6.5C 7C , MIU MIU black satin Duchesse Cat print shoes kitty ballet flats 39 US 8.5 , NIB Valentino Black Star Canvas Print Espadrille Flat Slip on Shoe 39 - 9 ,

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.

NEW! 21179 Women's $450 Stubbs and Stubbs Wootton Loafers Linen "EMBROIDERED" Slippers Loafers Shoes 22fdc00 - gravityxdance.com