View Original Article

TECHCRUNCH

NINE WEST brown suede leather slouch moto riding boots 8 FREE SHIPPING! , IKRUSH Women's Carms Large Buckle Faux Suede Ankle Boots Size in BLACK Size 3 , L.L. Bean Boots Suede Fleece Red Side Zip US 7.5 M Suede Fleece Red 05455 WomenCity Shoes Suede Look Womens Black Textile & Synthetic Boots , IKRUSH Womens Megi Studded Brogue FlatsNobil's 29962 Womens Cowboy Boots Western Style Shoes Leather Brazil Size 5.5 B , Northside Cleo Womens Size 8.5 M Faux Fur Lined Pull On Boot TAN NEW #S52Booties combat boots woman black low with chains eco-leather shoes winter , Bjorndal Harness Bootie Women size 8 Brown , Ankle boots woman black with high heel large booties high heels 949-1 , HERMAN SURVIVORS BLACK BOOTS WOMENS SIZE 8 CADET , Womens Size 6 B Justin L3056 Gray Roper Western Cowboy BootsNwt Falls Creek Brandy Camel ankle fashion boots size 9.5 M , CROWN vintage tall black genuine suede riding moto boots 5.5 , LIZ CLAIBORNE Black Slouchy Leather Tall High Heel MUSKET Fashion Boot Women 6.5 , CROWN VINTAGE glossy black snake print genuine leather 6 gold buckle boots 8Arturo Chiang Knee High Boot Women size 8.5 Brown LeatherMARIPE soft sable brown leather cuff slouch fashion pull on boots 7.5 FREE SHIP!Vintage Bandolino Knee High Boot Women size 7.5 Taupe SuedeALDO grey crinkle plaid lined moto slouch boots 6.5 FREE SHIPPING!Brinley Co Womens Siro Faux Suede Regular and Wide Calf Faux, Black, Size 10.0 , Lotus-01 Women D'orsay Slip On Open Toe Extreme Cut Out Ankle Flat Bootie , exciting IPANEMA glossy black leather vintage gold buckle riding moto boots 8 , Alpana by Madras Womens Leather Ankle Boots Milano Black Sizes 6 - 10 , Eddie Bauer Harness Ankle Boot Women size 8.5 Brown SuedeWomens MUDD Boots Sz 6 Western Cowboy Booties Ankle Boho Floral Black CHEYENNESteve Madden Womens Bonus Black Ankle Boots Shoes 6.5 Medium (B,M) BHFO 5779Coleman Women's Ankle Boots Size 6M - Brown Suede/Green CanvasCHINESE LAUNDRY Boots Brown Leather Buckle Detail Size EA 147 ,

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.

Womens Size Justin 5 Boots 1/2 Western B Justin L3097 Lizard Red Roper Western Cowboy Boots a2f40a9 - gravityxdance.com