View Original Article

TECHCRUNCH

NEW ERDEM x H&M Floral Slip On Black Navy Jacquard Shoes Sneakers 8 SHIP TODAYDERBIES EN CUIR BLANC DECOUPE "TOMETTES" ROBERT CLERGERIE T.36Giuseppe Zanotti Navy Suede Moroccan Multi-Color Espadrilles NWOB US 9 - RET$650 , New with box Dolce & Gabbana Orange print Espadrilles Size 10.5 /41 (EU) $665.00 , Alaia Grey Suede Silver Studded Flat Size 40Ferragamo women varina leather ballet flats, Black patent 6.5B, NIB $550+tax , 55110 auth GIANVITO ROSSI metallic nude leather Ankle-Strap Flats Shoes 39.5Prada Sport Ladies Bordo Velvet Sneaker 3E6198 New In BoxChristian Louboutin Yacht Spikes Flat Loafer Slipper Black Leather Shoe EU37,5 , Gia Couture flat fur lined winter slippers in black velvet Size US 9 - , DOLCE & GABBANA Derby Shoes Brogues BOY with Floral Charms and Studs Red 05859Givenchy NIB "Old Pink" Croc Embossed Leather "Elegant Piper" Flats SZ 39.5 , Aquazzura Wild Thing Suede 85mm Sandal, Rose Gold 36STUART WEITZMAN pewter crackle leather oxfords shoes sz. 5.5, 10 NEW! , Prada Two-Tone Nylon Platform Trainer Sneakers 39.5 MSRP: $570.00 , LANVIN Womens White & Black Leather Pointy Toe Flats Sz 37.5RALPH LAUREN COLLECTION Brown Real Crocodile Skin Classic Loafer Womans 7B Italy , Salvatore Ferragamo Women's Elodie Espadrille Panna Fabric Silver Multi Size 10BVALENTINO ROCKSTUD Blush Pink Rockstud Studded Ballerina Flats Shoes 37 / 7 , Tods women's flat shoes 39,5 IT , BNIB Valentino Cage Flats With Studs Patent Black Size 38 , CHRISTIAN LOUBOUTIN A6 PVC Specchio GOLD/clear Open-toe Flat Shoes 37.5 / us 6.5 , HERMES PARIS WOMEN GOLD "H" BUCKLE CARMEL LEATHER LOAFER SHOES ~SIZE 35.5~Sergio Rossi Women's Leather Ballerinas WHITENIB SAINT LAURENT SHEARLING FUR Lined Fringe Moccasins Winter Shoes 39.5 US-9.5 , $610 Bottega Veneta Women Grey Metallic Leather Pointed Flats 36/6 443149 1117TOD'S WOMEN'S SUEDE BALLET FLATS BALLERINAS NEW DEE LACCETTO BEIGE 008Charlotte Olympia Kitty Flats Navy Velvet EU Size: 40 Brand New! NAVY BLUEChloe Gabes Suede Women's Blue Lagoon Flats Sz 38

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.

TOD'S WOMEN'S LEATHER LOAFERS MOCCASINS localjoes-27758 NEW RUBBER TRAVERSINA LEATHER VK TRAVERSINA MACRO CLA 8C2 53cd9db - gravityxdance.com