View Original Article

TECHCRUNCH

Nike Free TR Flyknit 3 Womens 942887-100 White Black Training Shoes Size 7ASH Bowie Suede Wedge Sneakers Black (SIZE 39)NEW Balance Minimus WR10 WC2 WR10WC2 Running Shoes Women's - White And Red , Latest Colour! Asics Gel Netburner Ballistic Womens Netball Shoe (B) (9693) , Nike Air Huarache Run Ultra SE Port Wine [859516 602] Size 5, 6 , New Balance 530 Women's Black/Grey/Pink W530BGMNew Balance 530 Women's US Sizes 6 ~ 10 / Brand New in Box!TARYN ROSE CAYLEE Beige Suede Designer Pumps Wedges 11.0 M , NIKE WOMEN SE CORTEZ BLACK 902856-014 LEATHER , New Nike Air Max JEWELL SE Premium Size 7.5 Womens Summit WhiteCole Haan 'ZeroGrand' Classic Sneakers 4843 Size 10 , STELLA SPORT ADIDAS MCCARTNEY SHOES SIZE 7 BLACK AQUA BLUE ATHLETIC FINE QUALITYNIKE AIR ULTIMATE DIG INDOOR COURT SIZE 11 , Nike Free TR Flyknit 3 White/Black Oreo Womens Training Workout 2018 ALL NEWOnitauka Tiger LawnShip 2.0 Leather Sneaker - NIB - Free Shipping , Nike Kobe AD Red ID Size 8.5 Women's New 921530-991 NewNIB*Nike*Classic Cortez Leather Sneaker*Smokey Mauve**6 -10 half , NIKE WOMAN AIR MAX THEA PRINT WOMAN SIZE 10.0 NEW RARE AUTHENTIC RUNNINGFila Womens Disruptor II Premium Metallic Silver/White Sneaker - 10Gabriella Michel Taupe Embroidered Rose High Top SneakerNIKE FREE RN 2018 WOMEN's RUNNING KNIT ISLAND GREEN - IGLOO - VAST GREY NEW SIZEGabriella Michel Pewter Embroidered Rose High Top SneakerISABEL MARANT Beckett Wedge Heel Suede Athletic Red Rose Velcro Shoes 37 6.5 , PUMA  96 HOURS, Trazione Italian dress shoe sneaker ( MENS ) 13. ( Super Rare ).Nike Air Presto SE Womens 912928-800 Rush Coral White Running Shoes Size 9Under Armour Hovr Sonic Women's Graphite/Msv/Graphite 20977105 , Altra Womens Torin 3 Shoes AFW1737F-1 Blue/Coral Size 9Castaner Women's Gray Pointy Canvas Flats Shoes 41 , AUTHENTIC NIKE Zoom All Out Low 2 Hot Punch Black Light Arctic Pink Women size

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.

WOMEN AIR NIKE ID US AIR [876804-993] PRESTO BLACK/WHITE RUNNING SHOES [876804-993] US WOMEN SZ 9.5 a41d1e3 - gravityxdance.com