View Original Article

TECHCRUNCH

Prada Black Canvas Platform Espadrille Loafers Size 38.5 NEW $495 Women's SlipNIB 100% AUTH ROGER VIVIER BLACK SUEDE GOMMETTE TURTLE BUCKLE FLATS 34.5 $625Bottega Veneta Intrecciato Pactel Loafers Moccasins Shoes Leather New 11 40NEW Prada Gold Leather Logo & Tassel Bow Ballet Flats 1F890D ה Size 36.5ALEXANDER WANG Womens Gray Patent Leather Slingback Sandals Sz 7 , CHARLOTTE OLYMPIA Kitty Embroidered Raffia Flats Italy Size 38 NEW $645 , NIB LOUBOUTIN CRAPADONNA CROCO PRINT LEATHER STUDDED WINGTIP BROGUE OXFORD 40.5AUTHENTIC BERLUTI LEATHER OXFORD BUSINESS SHOES DARK BROWN GRADE NS USED -ATCHLOE Multi straps Ballet Like new ! , $760 New Charlotte Olympia KITTY CRYSTALS Embroidered Ivory Satin Flats Shoes 42STELLA MCCARTNEY WOMEN'S CLASSIC FORMAL SHOESMONKSTRAP FELIK WHITE CA1LOUBOUTIN ZENOSANDY BLACK LEATHER CAGED BUCKLES FLATS GLADIATOR SANDALS 39 , AUTH Salvatore Ferragamo Women Varina Flat Shoes 6B , AUTHENTIC PRADA SAFFIANO LOAFER SHOES 1S871D WHITE NEW US 9.5 , TOD'S WOMEN'S LEATHER BALLET FLATS BALLERINAS NEW 13A CATENA PUNTINA BEIGE 755Tod's Women's Black Leather Slip On Flat Sz 6 1263GRENSON CELIA DOUBLE STRAP MONK BROWN WEDGE WOMEN LOAFER Sz. 5UK/8US/38EULaura Bellariva 1106r Black Leather Platform Wedge Booties Shoes 40 / US 10Gold Snakeskin Roman Coin Crystal Sandals - EU39/US8.5 NEW !!!*695 JIMMY CHOO DOLPHIN SUEDE GOLD STUD DORSAY ESPADRILLE FLAT SANDAL HAZEL 39.5Oscar De La Renta Leather Point-Toe Flat, 39.5 , JIMMY CHOO NIGHT CRYSTAL EMBELLISHED SUEDE FLAT SANDAL SHOE SIZE 36(6) , Auth HERMES Vintage H Logos Kelly Charm Shoes Loafer Black Leather 35 1/2 K08182 , Sergio Rossi Round Toe Ballet Flat, 38.5NIB Miu Miu Crystal Jeweled Pearl Embellished Loafer Flat Shoe Velvet Purple 36 , CELINE Shoes 273611 WhitexMulticolor 36AUTHENTIC LUXURY PRADA SNEAKER SHOES 3S6159 TOURQUOISE NEW US 10 , Authentic Valentino Rockstud Black Velvet Ballet Flats Shoes Size 36.5 Black , New sz 7.5 / 37.5 Lanvin Mint Green Leather Classic Ballerina Ballet Flats Shoes ,

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.

BUSCEMI 100MM TASSEL 225809 | | GRIGIO PERLA ROSA PANNA 225809 leather leather high tops sz. 37 c1d2785 - gravityxdance.com