View Original Article

TECHCRUNCH

Tods Gommino Brown Suede Driving Loafers Mocs Moccasins embroidered stitched 6Milly for Sperry Women's Top-Sider Taupe Sparkle Suede Boat Shoes SIZES! NIB NEWEl Naturalista Open Toe Mary Jane Brown and Blue Flats SZ 42 USRare Mint 1970s Salvatore Ferragamo Brick Red Suede Shoes w/ Quilt Stitch 8.5 2A , $520 PRADA LINEA ROSSA Suede Slip On Platform Flat Sneakers Women's Size 40 8.5TORY BURCH 'Shelby' Flat Ballet Flower Logo Salmon Pink Leather Shoes Sz 9.5 M , Kenneth Cole New York Women's Allyson Espadrille Platform Sneaker , Valentino Garavani Women's Leather Brown Classy Floral Flats Shoes Size 37 ItalyKenneth Cole New York Women's Edith MuleTory Burch Tan Quilted Billy Slipper Flats US 8NEW WOMENS HUSH PUPPIES ANALISE CLEVER LEATHER/CASUAL/DRESS/COMFORTABLE SHOESMade in Italia Women's Double Buckle Black Genuine Leather Monk Strap Shoes , JCrew $138 Audrey Flats in Suede 9 Ashen Brown G0891 Shoes NEWTed Baker Twinkle Toes Black Jelly Bow Slip On Flats Women's Size 7 M* , Naot Leather Double Buckle Womens Shoes Clogs Leilani Camel/Olive EU36 US 5-5.5$188.88 Donald J. Pliner Lovage Foam Vintage Metallic Leather Loafer Mule 7New Women J.Crew Sloan Striped D'Orsay Flats with Obi Bow, Black Gold, Size 7FRYE Womens Ivy Slip Fashion Sneaker- Pick SZ/Color.Clarks Medora Nina Womens Flat- Choose SZ/Color. , Mercedes Castillo Mules Talis Burnt Orange Leather Size 38 Point-Toe Flat Slide , New Bates Womens Leather Uniform-W Black Occupational Shoes Size 6.5 (2E)Tory Burch Delphine Crystal Logo Suede Ballet Flat Royal Navy Blue Slip On 9 New , Dansko Halle Grey Suede Leather Perforated Flat Slip On Sneaker NEW EU Size 37NIB TORY BURCH Divine Bow Driver Silver Metallic Leather Ballet Flat Sz 9.5 $250JSport by Jambu Women's Cara Mary Jane Flat Gunmetal 7 M USNWB US (7)Tory Burch Bright Navy Quilted Billy Slipper Smart Velvet Leather , Sacks Fifth Ave gold flat women shoesWomen Big Rabbit Fur Mules Comfort Flats Leather Oxfords Slip On Ankle Boots NewSAS Women's Brown Leather Shoes Size 8.5 ,

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.

Nine West Women's Norella Leather Norella SZ/Color Slip-On Loafer sexmovie-20431 - Choose SZ/Color c5dd1e2 - gravityxdance.com