View Original Article

TECHCRUNCH

Lucky Brand Women's WESSON2 Ankle Boot Black 9 M USCowboy Boots Lady's Women's size 7m Real Leather Panama , Breckelle's Women's Pamela-13 50/50 Over the Knee Stiletto High Heel Dress BootsNew Women Nature Breeze Precise-02OK Mixed Media Thigh High Riding Boot , Boots Booties Heels Kimel Design Studio Mod Platform Zip Booties 8.5 $120Hot Women Platform Round Toe Slim Over Knee Boots Stilettos Heels Nightclub H707Zigi Girl Ankle Boots Womens 7.5 Canon Brown Suede Slip OnBottes Zara STRADIVARIUS Cavalières Cuir Synthétique Noir T 36 TTBERetro Women Pointy Toe Ankle Boots Faux Suede Zip Casual High Block Heels Shoes , Breckelle's Women's Tenesee-17 Knee High Riding Boots , Shinny Women's High Block Clear Heel Side zip Shoes Pointy Toe High top Boots , Audrey Brooke "Lize" Brown Leather Brogue Wingtip Belted Knee High Boots 8.5Steve Madden black glitter open toe boots sz 7 , Cole Haan Womens Size 7.5 B ~ Black Rich Leather Side Zip Ankle Boots Shoes , Size 9 - TONY BIANCO Women's Black Leather Ankle BootsTony Lama Black Suede Pull On Mid Calf Western Boots Size 8.5 , Calvin Klein Collection Gray Leather Booties, Size 9.5Ladies Plain Tall Wellies Wellys Wellington Boots Green with buckle , Casual Corner Women 7M Boots Black Ankle Zipper Square Block Heel Leather 03801 , STUART WEITZMAN Bronze snake embossed cut-out booties pumps shoes 38/8KAREN MILLEN LIMITED EDITION HIGH HEEL SHOES BOOTS BLACK LEATHER SIZE US7 , Dr Martens Work Boots - Chunky Platform Oxfords England Women's US 7 Brown , Women's block heel bowknot rivet rhinestone PU leather side zipper ankle shoes , Womens Chunky Heel Side Zip Buckle Fur Trim Ankle Boots Faux Suede Shoes US4-11 , Lucky Brand Tommie Whiskey Distressed Leather Brown Ankle Boots Size 8.5 , Jennifer Lopez Women's Erykah Studded Marsala Ankle Boots - Size 6 NWBNWT 3M Thinsulate Winter Boots Sz 10 Women's Brown Faux Fur Trim Old Navy NEW , AnnaKastle Womens Faux Fur Shearling Winter Snow Warm Boots , Sexy Womens Stretch Cuffed Over the Knee Slim Ruched Boots High Heels Zipper

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'S localjoes-27076 BLACK KNEE HIGH HIGH BOOTS-1.5" HEEL-11-ZIPPERS-SAM & WOMEN'S LIBBY-NEW-CROSSDRESSERS d30f935 - gravityxdance.com