View Original Article

TECHCRUNCH

YK Branded Western Shoe Womens Saddled Up 8.5 B Camel Blue 106BCecelia Bringheli 7.5 Straw Knit Smoking Loafer , fff SANDALES COMPENSEES NOIR DE ROBERT CLERGERIE Taille 5,5 français , Vintage Ralph Lauren Collection Brown Leather Loafers Shoes Size 7 Made In Italy , NWT $349 New Silvia Fiorentina for Neiman Marcus Women Black Suede Heels 10 NWonders 4727 Fly loafers Ante PiedraCole Haan Effie Womens CH Gunmetal Leather Jewel Thong Fashion Sandals , WALTER STEIEGER SNAKE FLATS US 9 UNIQUE HOT RARE MUST HAVE WOWJean-Michel Cazabat Mama Flats NIB Sz. 7.5 M /2 Free Shipping 75% 0ff , Tod’s NO_Code Chukka Women's Size 7.5EARTH MAIZE BORDERUX Burgundy Heels Women's Size 8 B , Dirndl + bua Ballerina Ankle Boots Black Goat Suede Lacquer Heel , MARC JOSEPH NEW YORK (MANHASSET FLORAL GRISS ) WOMENS SIZE 7.5 BRAND NEW!!! , Donald J Pliner Women's Black Beige Loafers Size US.8 /EU.38.5 / UK.6B.O.C Womens Silvie Closed Toe Slide Flats, Brown, Size 7.0 , BRIAN ATWOOD CLAUDELLE CRYSTAL STUDDED SUEDE SMOKING SLIPPERS LOAFERS 40/9women's shoes MY GREY MER 9 () moccasins purple leather BX37-39women's shoes EDDY DANIELE 7 () flats light blue leather swarovski AW461New Francesco V. Orange Suede Made in Italy shoes Size 37 US 7 , AJ383 CALPIERRE shoes green leather women ballet flats , Jeffrey Campbell hOMG Hi Top Platform Shoes Womens Mustard/Wht Trainers SneakersWonders 3810 Sumatra Natural ballets salewomen's shoes EDDY DANIELE 7 () flats blue leather AW76Women Sesto Meucci 36 - Size 6 Ankle Boots Brown Suede - Made in Italy , Women's Gentle Souls by Kenneth Cole Darby XL Black & White Oxfords Size 6.5 MJeffrey Campbell Play Glitter hOMG Platform Shoes Womens Cream Trainers SneakersElie Tahari Women's Mako Denim Blue Slip-On Oxford Espadrille Sneakers ShoesMELISSA BELL PAPEL VII TO 31512 women's shoe fuchsia glitter 52680 Size 37 , YK Branded Western Shoes Womens Take Me Away 10 B White 110W ,

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.

Donald J Toe Pliner Donald Womens suzy-co Closed Toe localjoes-24177 Loafers cda902e - gravityxdance.com