View Original Article

TECHCRUNCH

Madden Girl by Steve Madden Womens Fancie Red Ankle Boots 8 Medium (B,M) 5596 , Jessica Simpson Boot 8.5 M Kianna Ankle Harness High Heel Brown Side ZipDolce Vita Womens Shoes Size 8.5 Black Solid Leather Mid Calf Boots CasualROPER BRAND WOMENS 7 BROWN LEATHER COWBOY BOOTS ROPERSNew Women Autumn Fashion Thick Heel Zipper Boots Casual High heel Ankle Boots , Alberto Fermani Taupe Distressed Leather Chelsea Ankle Boot Bootie 40.5 / 10.5Women Slip On Pointy Toe Solid 7cm Mid Block Heel Shoes Buckles Office Chic PumpGalaxy Women Double High Top Casual Sneakers Shoes Trainers Ankle Boot Plateform , Khombu Slope Ladies Waterproof Winter Boots Multiple Sizes GreyNEW Impo Black Faux Suede Ankle Boots Booties Size 10 Floral Embroidery HeelsRampage New Womens Estafania Black Boots 10 M Shoes NWOB , Peacock New Women's Girls High Top Casual Sneakers Shoes Trainers Ankle BootsSanuk SOULSHINE CHILL Womens Mid-High Suede Boots Size 7 Black NEW , Clarks Ankle Boots Womens Shoe Size 9.5W Black Leather Side Zip Cap Toes B112 , Womens Rain Boots Wellies Rubber Non-Slip Cuban Heels Mid-calf Boots Water Shoes , Matt Bernson Black Suede Belted Wedge Boots NEWMatt Bernson Burgundy Suede Belted Wedge Boots NEWRaye Womens Boots Size 7 Black Patent Leather Slim Heel Pointed Toe , COLE HAAN COUNTRY DARK BROWN LEATHER HIGH HEEL ZIPPER ANKLE BOOTS WOMEN'S 9B , Bare Traps Tommy Black Buckle Detail Riding Boot NEW , Brown Distressed Leather & Sheepskin NINE WEST Tall Pull On Boots w/Strap 5.5 M , Joie Womens Gray Suede Buckle Closure Over The Knee Boots Size 35 5CUSHION WALK WOMENS SIDE ZIP HEELS ANKLE GUSSET SOFT COMFORT WORK SHOESWomen’s Natural Soul Kiza Ankle Boots Pumps Black Size 7.5 , CABELA Dry Plus Thinsulate Women 8 Brown Hiking Trail Hunting Winter Boots j56Punk Womens Ankle Boots Block Heels Buckle Strap Casual Shoes Plus Size Autumn , American Rag New Womens Wylee Black Ankle Boots 5.5 M Shoes , Moda Spana Women's Brown Suede Ankle Boots Side Zip High Heel Size 11M , Born BOC Womens Brown Suede Ankle Boots Size 10 M Leather Western Booties clogs ,

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 Casual Top Girls High Top Casual Sneakers Shoes Trainers Ankle Boots Boots School New 9237f80 - gravityxdance.com