View Original Article

TECHCRUNCH

Womens Ladies Faux Suede Fur Lined Style Winter boots Size UK Black Fashions 888Catherine Malandrino Knee High Pulley KNIT BURGUNDY boots - US size 9 - NWOBWomens Ladies Flat Low Heel Work Ankle Boots Chelsea Gold Smart Casual Shoes UKwomens black MARK SCHWARTZ pony hair ankle boot heels side zip designer 7.5 B MNew Women's Ladies Chelsea Cut Out Stud Low Block Heels Ankle Boots Buckle ShoesMinnetonka Womens Venice Brown Moccasin Boots Shoes 5 Medium (B,M) BHFO 5117 , Sbicca Womens Kathrin Black Ankle Casual Boots Shoes 9 Medium (B,M) BHFO 7419NIB Women Mossimo Supply Co. Krishae Heels Platform Ankle Boots Shoes , LADIES NATURALIZER 10" TALL BLACK RAIN WATERPROOF BOOTS SIZE 6 MWomen's Brown Leather THE LEATHER COLLECTION Boots Heel 2" Size 11 M GREATWomen's Dress Boots ( Size 7M ) , Bellini Estella Grey Stretch & Patent Tall Boots NewWoman sneakers winter high black shoes winter padded with hair inner , SUEDE BUCKLE SLOUCH BOOT WOMEN KAYDEN-88-52 FOREVER FOOTWEAR TAUPEBlack Suede Emu 6 M Genuine Shearling Top to Bottom & Insole Lots of Life Left! , Henry Ferrera Womens Royal Mile Navy Rain Boots Shoes 9 Medium (B,M) BHFO 0450NEW LADIES WOMEN CASUAL ANKLE BOOTS PLATFORM HIGH HEELS SIZE 3 - 8 , NEW WOMENS CONCEALED PLATFORM SHOE ANKLE BOOTS HIGH HEEL STILETTO LADIESJessica Simpson Womens Chalotte Taupe Ankle Boots 10 Medium (B,M) BHFO 7456Diba True Women's Black Leather Tall Western Riding Boots Sz 6M VGCLadies Pointed Toe Dress Glitter High Heels Trendy Autumn Ankle Boots All Sizes , Sloggers Womens Rain Boots SZ 7 Solid Red Pull On Rubber Waterproof Shoes GardenLADIES NOVELTY SLIPPERS GIRLS SOFT WOMENS FLUFFY ANKLE BOOT UK SIZE 3 4 5 6 7 8 , Sbicca Womens Byanca Beige Fringe Ankle Boots Shoes 7.5 Medium (B,M) BHFO 6647Nine West Womens Size 7 M Black Leather Mid Calf Half Zip Boot Rain All WeatherSbicca Womens Allegretto Black Fringe Booties Shoes 9 Medium (B,M) BHFO 6829 , NEW Women's Chunky High Heel Western Cowboy Ankle Booties Shoes Size 5 - 10 , womens ariat square toe brown leather boots 6MSteve Madden Womens King Green Mid-Calf Boots Heels 6 Medium (B,M) BHFO 6474 ,

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.

GUESS BLACK 811 SUEDE LEATHER LEATHER SHOES BOOTS HEELS SHOES 10M c5a1d9a - gravityxdance.com