View Original Article

TECHCRUNCH

Boots Booties Vintage Max Monelli Suede Mod Pointed Toe Booties 6.5 , Funtasma 3" Block Heel Shiny Orange Stretch GoGo Knee Boots Hero Cosplay 5-16 , Madden Girl Black Synthetic Suede Side Zip Over The Knee Boots Women's Size 10 M , CROCS Women's Modessa Suede Button Furry Boot Espresso Brown Lined W6 newNew Womens Flowers Pointy Toe Velvet Ankle Boots Pull On Block High Heels shoesNew Womens Ankle Boots Faux Suede Pull On Flats Buckle Sweet Casual Snow ShoesWomens 9 B M Sanders black handmade leather cowboy western cowgirl boots MexicoWomen Fur Trim Edge Ankle Boots Pointed Toe Zipper High Block Heel Casual Shoes , Cliffs by White Mountain Neponset Brown Boot Women Size 9.5 Mladies casual faux suede pointy toe block heels side zipper mid calf bootsWOMEN'S CLOUDWALKERS Black VIV Cross Strap TALL BOOT 2 1/2" HEEL 12 WIDE NEWWomens 10 10.5 M 41 ECCO Hobart Harness Boots Black Leather Side Zip Riding Tall , Bottines LA REDOUTE ACTIVE WEAR Cuir Beige foncé T 38 TTBEWomens sz 6 M MERRELL Thermo Arc 6 Waterproof J87844 Black Boots Polartec WinterEasy Spirit Women's Black Billian Leather Ankle Bootie Shoes Ret $110 NewLucky Brand Womens banda Leather Closed Toe Ankle Fashion Boots, Wheat, Size 9.5 , Womens 6 sz 36.5 audley london knee high boots brown leather zip futuristic heelRockport Womens 9.5 M Seven to 7 85mm Wedge Booties Black Suede Ankle Boots Zip , NWOB Rockport Adiprene by Rockport Black Suede Gold Piping K71775 Bootie 7.5 MCOLE HAAN Black Leather Equestrian Horse Riding Tall Knee High Boots Womens 5BSteve Madden Womens Edit Taupe Brown Suede Canvas Ankle Boots Size 8 $100 , Pleaser 4 3/4" Heel Ankle boots Bows Studs Back Zip Women Blk Vegan Leather-Pat , Bottines Boots AEROSOLES Cuir Noir US 9 / / FR 40,5 TBEBottines SAN MARINA Paris Cuir Noir T 36 TBEFashion Womens Hidden Wedge Heels Ankle Boots Faux Suede Shoes Zip Casual New , BLACK ANKLE HEEL BOOTS Leather Like Block Pointed Toe Party Shoes Ladies WinterWomens 8.5 9 39 Alla Pugachova Italy Black Knee High Boots Shearling Lined Zip , Womens 10 10.5 41 Rieker Kendra Brown Leather Ankle Boots Side Zip Button Ruched , Womens sz 8.5 M Markon Shelly Brazil Tall Camel Tan Leather Riding Boots Pull-On ,

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 8.5 Brown M Born Mollie Truffle Brown Leather Truffle 8.5 Harness Boots Motorcycle Buckles e57021c - gravityxdance.com