View Original Article

TECHCRUNCH

FINN COMFORT Germany, 10 US Womens, 7 1/2 UK, P-W-28NIB $639 Baldinini Women's Wedges Sandals Black 8.5 US (39Eu) Italy 753063 , " Sensitive" FINN COMFORT 10 US, (7.5 UK),womens Baden Style Biege P-W-57NewMAX MARA Brown Leather Shoes size 40 EU_ 9.5 US _ 7.5 UK , Tory Burch Flat Trudy Slipper Shoes Soft Patent Calf Camelia Pink NEW Size 5M , FINN COMFORT Germany, 9 US, 6 1/2 UK, "Manaus" womens, P-W-25 , Ivanke Trump Xaylia2 Espadrille Backless Loafers 048, Medium Blue, 8 USTory Burch Mauve Leather Miller Big Logo Sandals Womens Size US 7M , FINN COMFORT 10 US (7 1/2 UK), ALMERIA; womens leather, S-W-18FINN COMFORT Germany, ultra comfy, 7 US Womens, 4 1/2 UK, P-W-31An Hour And A Shower Lys Shoes Totokaelo La Garconne MNZ Need SupplyVALACCHIA OF ITALY, 9 US (6 1/2 UK), womens leather P-W-55 , Stegmann Linz W Womens ClogTory Burch Delphine Satin Embellished Loafers - Red - Size 6 M , FINN COMFORT 9 US (6 1/2 UK), womens sandals, P-W-29 , New Vivobarefoot Jing Jing Womens Leather Brown Minimalist Ballet Flat , Barneys Leather platform Slip on Sneakers in Taupe, US 10, IT 40,Made in ItalyTory Burch Peace Smoking Slipper Velvet Grosgrain Black Gold NIB Women Size 5 , NEW Tory Burch Melinda Leather Ballet Flat Perfect Navy 9.5 $248 , FINN Comfort-Womens 7 1/2 US,(5 UK) ,leather DIJON P-W-48 , Cole Haan Grant Loafer Moccasins, Burgundy, 5 US Display , Lanvin Moccasins Net a Porter SSENSE Totokaelo FarfetchDANSKO 3912000202 - Pro Xp Size: - Color:Vionic Women's Cadee Light Grey Slip On , FINN COMFORT Germany, 9 1/2 US, 7 UK, womens, P-W-32 , NEW $640 DOLCE & GABBANA Shoes Suede Black Ballet Flats Ballerina EU39 / US8.5 , Prada Sport Mary Jane Stretch Ballet Flats Elastic Nude Loafers size 35 US 5NEW ARRIVAL FINN Comfort Womens 10 -10 1/2 US,(41 EU),leather, P-W-47 , NEW ARRIVAL-:FINN COMFORT 9 1/2 US Womens Sandals (7 UK) S-18-W-588

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.

Stuart Weitzman Womens Shoes Minnie Black Patent Womens Leather Flat Slingback Flat Shoes 37fb933 - gravityxdance.com