View Original Article

TECHCRUNCH

DANEXX Vintage Granny Grunge Boots Size 6 M Women'sBlack Pu 45" Heel Knee Boot With Whip Shoes Boots Adult Women Ellie SexyWomens Shoes Leopard Faux Suede Platform High Heels Over Knee Boots US Size b915 , Chic Women Sweet Rabbit Ankle Boot Fru Trim Hidden Wedge Heels Snow Shoes CasualWomen Winter Ankle Boots Suede Chunky High Heel Plus Size Casual Booties Shoes , Indigo Rd. Womens Gerald2 Closed Toe Mid-Calf Fashion Boots , Twisted Shelly 134P Boot Women's Shoes Size 11DV DOLCE VITA Womens Sz 8 Black Leather Gladiator Peep Toe Stiletto Ankle BootsTwisted Trooper I22 Boot Women's Shoes Size 6.5Women Tassel Ankle Boots Faux suede Buckle Strap Block Heels Winter Shoes PlusTony Lama Women's Size 6 Narrow Americana Leather Boots Turquoise Blue , Women Pointy toe Side zip Pull on Stilettos heel shoes Over Knee high boots New , Te Casan Red Suede Patent Leather Slip On Medium Wedge Heel Booties Size 10 , Twisted Trooper I01S Boot Women's Shoes Size 6.5 , Twisted Tara 07SP Boot Women's Shoes Size 11**MO MO Women's Contraband strap boots dark Brown below knee SIZE 6 SHIPS FREE , Merrell Women's Capra Bolt Mid Waterproof Hiking Boot Grey/Purple Size 6.5MTwisted Shelly 134P Boot Women's Shoes Size 10Charles by Charles David Women's Farren Ankle Boot , TALL VINTAGE OLATHE GRAY LADIES LEATHER COWBOY BOOTS 5 BTOD'S Bottines Cuir Bordeaux Doublées Cuir Talons Plats T 37 TBE , Twisted Trooper I22 Boot Women's Shoes Size 8Anne Klein Womens seabed Leather Closed Toe Classic Pumps, Black, Size 6.5 AeM0Ladies' Shoes Synthetic Leather High Heels Pumps Zip Up Ankle Boots US Size b168 , Very Volatile Women's Indie Ankle Bootie, Rust, Size 7.5 2uRn , Black 45" Heel Knee Boot With Whip Shoes Boots Adult Women Ellie Halloween SexySexy Womens Pointed Toe Leopard Zippers Ankle Boots Stilettos Heels ShoesSam Edelman Womens Yvie Leather Open Toe Ankle Fashion Boots, Black, Size 8.5 Op , Womens lady Faux Suede Chunky Heel side zipper Over Knee High Thigh Boots Shoes

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.

Betseyville Suede Fringe Ankle Boots Taupe Size Fringe 9.5 Betseyville Taupe EUC 9d9a495 - gravityxdance.com