View Original Article

TECHCRUNCH

Ariat Womens Fatbaby Heritage Dapper Chocolate Brown Leather Western Boots 7.5 BNarciso Rodriguez Womens Shoes Size 5.5 Black Suede Leather Mid Calf Boots , J Crew Womens Shoes Size 8 Forest Green Solid Rubber Rainboots Casual , $450 BCBG MAXAZRIA Women MA-Valerie1 Over Knee Boot Shoe,Grigio Kidsuede,US 9.5 , Limelight Womens Madison Equestrian Slouch Boot ShoesRome SDS Womens 2011 Memphis Snowboard Winter Boots Black Aqua Size 7 NewWOMEN'S LUCCHESE 2000 FULL QUILL OSTRICH BOOTS 6 TURQUOISE TOPS WORN A FEW TIMES , Vintage Joan Helpern Black Leather Platform Knee High Boots Slim Calf 7.5Women’s Lucky Brand Sumarah Camel Tan Brown Suede Wedge Ankle Boots Size 7VINCE Tayla Brown Leather Slingback Booties Boots Heels Size 8.5Orvis Green Rubber Nylon Slip On Over The Knee Hip Fishing Wader Boots Size 8High Heel Women Bow Pointy Toe Slim Stilettos Faux Suede Black Over Knee Boots , Steve Madden Slouch Cowboy Boots Green Leather 7.5 Seven 1/2 Saddle Womens Rodeo , CLARKS Womens Acre Bridge Suede Closed Toe Ankle Fashion Boots, Sand, Size 9.0 QCall It Spring Womens Talcahuano Velvet Glitter Party Booties Shoes BHFO 5534$189 Steve Madden Womens Olgga Leather Zipper Tall Boot, Black/Gold, US 8Rampage Women's IBSEN Tall Boots Braided Strap Zip Knee Hi Grey/Taupe All Sizes , Earth Jordan Dark Grey Vintage Leather Side Zip Ankle Boot NEWFashion Women plus size warm Snow Boots Wedges Knee-high winter ShoesXAPPEAL Womens Shin High Low Heel Slouch Boot ShoesMuk Luks Womens Patti Sweater Boots Gray Ankle Boots 9 Medium (B,M) BHFO 6509Vintage Lord & Taylor Black Leather Suede Riding Pirate Knee High Boots 7.5 B , Steve Madden Starlet Womens Size 10B Brown Leather Square Toed Mid Calf BootsSTEFANEL High Heel Studded Suede Booties w/ Hidden Platform: US 7 , Franco Sarto The Artist Collection Leather Booties Boots Size 7.5MJeffrey Campbell Raylan Distressed Suede in Black size 6 new in bpx , HOGAN women's chelsea black boots sz 36 Italy Good UC , Clarks Softwear Black Leather Ladies Ankle Boot Size AU7 UK5 EU38Piper suede knee high boots women Eur 39 US-Aus 8 USED from Italy ,

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.

Stuart & Weitzman Brown Suede Criss Criss Cross Front localjoes-27396 Hook & Loop Bootie Boot Size 8.5 85b4ab8 - gravityxdance.com