View Original Article

TECHCRUNCH

Womens 10 M skechers struts black suede leather knee high boots faux fur harnessStyle & Co Amber Boot Women US 5 Black Knee High Boot , NEW! Women's Joe Boxer Wyatt Mid-Calf Boot 30606 Black 120U pm , ECCO Sz 40 9 - 9.5 US Women's Chocolate Leather Slip On Ankle BootsWomen's 3 Layer Fringe Tassels Flat Heel Boots Mid-Calf Slouch Shoe ComfortableChic Rhinestones Fur Trim Womens Winter Warm Shoes Block Heels Casual Shoes NewWomen's Casual Adjustable Strap Flat Solid Anti-slip Over Knee Long Boots Riding , Winter Retro Womens Ladies Fur Furry Round Toe Ankle Boots Buckle Snow boots , Women High Heels Stiletto Buckle Strap Metal Pointed toe Knee High Boots Shoe Nw , Womens Flat Winter Snow Thermal Fleece Fur Lined Mid calf Boots Casual Shoes NewWomens Leisure Side Zip Wedges Ankle Boots Round Toes Casual Shoes ALL US SzWomen Casual Flat Fleece Lined Waterproof Outdoor Warm Non-slip Snow Boot Sbox , White Mountain Women's Size 8.5 Black Suede High Heel Booties , Hot Tassel Platform Zip High Block Heels Suede Fashion New Women's Casuals ShoeWomens Faux Leather Block Heel Motorcycle Punk Knee High Boots Slim Chic ShoesJC Womens rivet buckle Lady High stiletto Heel Ankle Boot Round Toe Shoes new 18Women Embroidery Floral Ankle Boots Retro Stiletto Pointed Toe Plus Sz Ske15Sexy Womens Faux Suede Rivet Studded Low Heel Over the Knee Boots OverkneeCute Women Ankle Winter Warm Boots Big Fur Bowknot Shiny Patent Pull On Shoes , Fidji Womens V491 Brown/Mustard Sport Sandals Size 8.5 (9359)Women ladies flat heel round toe suede slouch booties boots Pull On shoes , Hot Sale Womens Tassel Fringe Moccasin Boots Flat Layer Ankle Shoes US4-10.5 , NEW Women's Winter Feather Pull On Suede Snow Mid Calf Boots Button Warm ShoesRockport Zana Quilted K60675 Womens Boots~B4New Womens Round Toe Block Heel Casual Shoes Pull On Platform Ankle Boots Shoes , New Bandolino Leather Ankle Boots Size 9 NewWomen's Fuax Suede Winter Warm Knee High Boots Snow Buckle Strap Shoes T45 , Womens Knee High Boots Flower Pattern Pu leather Casual Plus Size Heel Shoes , vogue warm Womens round toe casual Thicken fur lined snow Ankle Boots ,

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.

Womens Bling Rhinestones 24819 Booties Flat Zipper Dating Pumps Shoes Flat Size Ankle Boots Size c6ff9b2 - gravityxdance.com