View Original Article

TECHCRUNCH

Ecco Womens ECCO 41- Pick SZ/Color. , Pam Bernie Mev Womens Loafers SZ 40M- Choose SZ/Color. , Nine West 25027403 Womens Sharolotta Leather Sneaker- Choose SZ/Color. , ECCO Womens Shape Pointy Tassel Ballerina Pointed Toe Flat 37- Pick SZ/Color.Nine West 25019968 Womens Anastagia Pointed Toe Flat- Choose SZ/Color.Jewel Badgley Mischka Womens Cabella Ballet Flat- Pick SZ/Color.Gentle Souls Penn Womens Ballet Flat- Choose SZ/Color. , Sam Edelman E8978L2 Womens Felicia 2 Ballet FlatM- Choose SZ/Color.Gentle Souls Womens Nita Ballet Flat- Pick SZ/Color. , Camper Womens Noshu Flat- Pick SZ/Color. , FitFlop E59 Womens Florrie Superballerina Ballet Flat- Choose SZ/Color.ECCO Womens Soft 5 Sneaker Oxford /6-- Pick SZ/Color. , Van Dal Cherry Women's Shiny Metallic Blue Snake Print Slip On Leather Pumps NewSam Edelman A408573 Womens Felicia- Choose SZ/Color.Crocs Womens Isabella Jelly Flat- Pick SZ/Color. , Splendid LL1176 Womens Roca Ballet Flat- Choose SZ/Color. , Clarks 26117721-003 Womens Tri Active 6 M- Choose SZ/Color.FRYE Womens Sienna Micro Stud Ballet Flat- Pick SZ/Color.Dansko Womens Louise Oxford- Pick SZ/Color.Reef DECKHAND 3 TX Womens Deckhand Fashion Sneaker- Choose SZ/Color. , Steve Madden TWIRLS Womens Twirls Ballet Flat- Choose SZ/Color.Badgley Mischka MP4138 Womens Sheila Ballet Flat- Choose SZ/Color. , crocs Busy Day Stretch Ballet Wedge Womens Flat- Choose SZ/Color.crocs Walu Ii Striped Floral Loafer Womens II Boat- Choose SZ/Color.AK Anne Klein Sport 25028097 Womens Ulisa Synthetic Ballet Flat 7Ladies Remonte Casual Style Shoes - D5800Ladies Padders Waterproof Collection Wide Fitting Casual Shoes PeakCrocs crocs Womens Kadee Ballet Flat- Pick SZ/Color. , Nine West Trophywife Synthetic Womens Ballet Flat- Choose SZ/Color.

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.

Dansko Marjorie Womens Marjorie Womens localjoes-19001 Flat- Choose SZ/Color. a58a947 - gravityxdance.com