View Original Article

TECHCRUNCH

Asics GT-2000 6 Womens Running Shoes | T855N-0011804 adidas CLOUDFOAM QT FLEX Women's Training Running Shoes DA9445Nike Air Presto Ultra SI Womens Mushroom/ Deadly Pink-Black 917694-200 New , Nike Flyknit Lunar 2 Running Women's Shoes Size , [AC7669] Womens Adidas Arkyn X Naked , [AC8326] Womens Adidas NMD_R1 STLT PK Primeknit - Black Pink PurpleNike Air Max 90 Ultra 2.0 Flyknit Midnight Fog/Silt Red/Sail 81109003 - Size 8 , Nike Air Max 270 GS Womens Youth Junior Kids Running Shoes Sneakers Pick 1 , Adidas NMD XR1 Primeknit PK Sneakers Women's (Size 10) Utility Ivy BB2375 , [BY9316] New Women's ADIDAS Originals NMD_R2 - Legend Ink / NavyNEW adidas X16.1 FG L W FTWR - Orange/White Cleats (Women's Multiple Sizes)Adidas Solar Glide Mens Running Neutral Shoes Sneakers AQ0332 Men's SZ 4-12Women Nike Air Max 180 White Ultramarine Solar Red WMNS AH6786-100 , Nike W M2K Tekno Pink Foam Black White 10 11 11.5 wmns AO3108 600 womens dad1808 adidas Stan Smith Bold Women's Sneakers Sports Shoes BA7772 , Nike Air Max 1 Women's Running Shoes 319986-032 , Brooks Ghost 8 GTX Gore-Tex Storm Green Grey Women Running Shoes 120192 1B , Nike Metcon 3 AMP Legion Green Bright Melon 849808-300 Women's 12 Men's Size 10 , WMNS NIKE FS LITE RUN 3 807145-600 LAVA GLOW/BLACK-WHITE SIZE: 9.5 *LAST ONE* , [BY9317] Womens Adidas Originals NMD_R2 W - Grey White Pink Running ShoeWMNS NIKE AIR MAX 90 ULTRA 2.0 FLYKNIT "MULTI COLOR" SZ 7.5 [881109-001]Nike Womens Huarache Run Ultra BR Trainers 833292 300 Sneakers ShoesNIKE WOMENS AIR MAX 2016 SIZES 7.5, 8, 11.5 BLACK ORANGE PINK 806772-006 AIRMAXNEW Womens Nike Air Presto Blue Grey Ocean Fog 12 878068 400 pale free run ultraNike Zoom Fly SP Women Running Shoes White Orange Size 8 AJ8229-108Women's Under Armour 1296206500 Threadborne Push Trainers Raisin Red , ASICS WOMENS GEL-KAYANO 24 RUNNING SNEAKERS-SHOES-T799N -9601- GLACIER GREY/ WHTNike WMNS NIKE AIR MAX AXIS AA2168-1003 Women's Shoes Free TrackWomens Nike Air Max Flyknit Running Shoes Pink Blue Black 620659 104 Size 10.5 ,

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.

NIKE AIR MAX 90 ULTRA MAX NEW ESSENTIAL WOMEN NEW WITH 15257 BOX!!!! 7b15c79 - gravityxdance.com