View Original Article

TECHCRUNCH

SC35 Wessley Semi-Quilted Short Booties 837, Maple, 7.5 US , Women's Portland Company Duck Duck Deluxe Boot Black US 8.5MSPORTO - Water Proof Thigh High Insulated Blue Boots w/ Faux Fur Lining - SZ 6 , Crown Vintage "Tabitha" Taupe Leather Suede Side Zip Ankle Boots Women's Size 10 , Jessica Simpson Cainn Booties Womens 10 Taupe Beige Brown Tan NEW Ankle FoldoverCasadei Brown boots, Supple soft Leather, calf-high, medium heel , New York Transit Star Struck-Dark Brown Boot Sz 7-NEW , LADIES WYRE VALLEY DARK BLUE STRIPED WELLIES SIZE WELLINGTON BOOTS RAINNEW Women's Embroidered Blue Denim Peep Toe Over the Knee Boots (Choose Size)BRAKO Women's Leather Ankle Boots. Size 36/ 6, Tan Made In Spain , New Cape Robbin Red Wine Velvet w/ Black & White Trim Combat Boots Shoes 8.5+ , Journee Collection Kai Wide Calf Round Toe Synthetic Size 7.5MZara Basic Collection Womens Boots Faux Suede Tan 2 Ton Size 40Cole Haan Signature Black Leather Zip Up Buckle Accent Ankle Boots Booties 10.5BWomen's JASMIN Collection brown soft synthetic leather half zip sz 8M , SC35 Jamila Dress Ankle Booties 466, Saddle, 9.5 USMG35 Lexia Ankle Boots 151, Cognac, 9 US , FRANCO SARTO Womens Leather Ankle Straps Sandals Size US 10Aerosoles Women’s Cinchuation Ankle Boots Caramel Brown size 8 B \ , Women's Vintage Red Leather Slouchy Point Toe Mid High Fashion Boots Sz. 7.5 , A2 by Aerosoles “Sleep Walk” Black Ankle Boots Size 8.5 M , Guess Amary Dark Gray Boots 8.5Brand New! Women’s Black Leather Shoes Size 5Aldo Kaude Womens Size 7.5 M Black Knee High Boots , GH Bass Black Faith Women's Ankle Boot Shoe Size 7 1/2 M EUC , Earth Origins Roxanne Slip On Burgundy Leather Womens Shoe Boots Mid Heel sz10 , WOMEN'S BLACK COWBOY BOOTS BY REFUGE-SIZE 9 , Bare Traps Brown Paramount Riding Boots 5M , KAMIK 'DELIGHT' SIZE 10M LT. GREEN SUEDE WATERPROOF ANKLE BOOTS VGC!!!!

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.

CA Collection by Carrini 24991 52-552 localjoes-24991 Women's Carrini Boots 9 Medium Grey f951253 - gravityxdance.com