View Original Article

TECHCRUNCH

Steve Madden Womens Haydun Taupe Knee-High Boots Shoes 7 Medium (B,M) BHFO 7646 , Paw-27 Velvet Stretchy Pointy Toe Thigh High Over Knee Block High Heel Boots , Madden Girl Womens Combat Taupe Combat Boots Shoes 9 Medium (B,M) BHFO 1217 , Not Rated Womens Norman Taupe Embellished Booties Shoes 8 Medium (B,M) BHFO 2323 , ECCO Sculptured Women's Ankle Bootie Size 38 Brown Suede US 7.5 Size Zip Shoes , Anne Klein Ankle Mid-Calf Fashion Boots Leather Women's 10M Brown Heels BeltedMerrell Women's Pechora Boot Size 7.5 B (US) Dragonfly , Carvela Kurt Geiger Womens Black Over The Knee Fashion Boots Size 38 8Gianni Bini Black Leather High Heel Platform Knee High Boots - Size 8.5Bare Traps Tommy Black Buckle Wide Calf Detail Riding Boot NEW , New Balance Mens Black Baseball Cleats Shoes 11.5 Medium (D) BHFO 1535 , Ecco Green Leather Heels Booties Boots Side zip Size 39 US , Louise et Cie Womens Boots Size 39 9 Black Gold Tone Hardware Slide OnSam EDELMAN Maddox NEW Ankle Booties Boots Zip Up Buckle Women 8.5 Camel BrownBCBG Girls Dark Brown Leather Fancy Western MidCalf Tall BOOTS WOMEN'S 7.5M 37.5Lucky Brand Sway Brown Suede Leather Booties Womens Sz 7.5 MSteve Madden Womens Haydun Taupe Knee-High Boots 5.5 Medium (B,M) BHFO 7957Jessica Simpson Womens Green Suede Riding Boots Shoes 5.5 Medium (B,M) BHFO 1911Henry Ferrera Manchester Women's Waterproof Rubber Pull On Rain Boot Dog Print , Women's Pull Up Almond Toe Over The Knee Flat High Heel Boots Size 5.5 - 10 NEW , Flings over the knee black suede boots high heels 6.5 6½ M vintage 80's otkDAN POST Women's Black Genuine Leather Western Cowboy Boots 7 MSanuk SUN DOWN CHILL Womens Mid-High Suede Boots Size 7 Charcoal Highlighter NEWJUSTIN GYPSY WOMENS 10 B L9901 PINK AGED BARK BROWN LEATHER COWBOY BOOTS ROPERSSporto® Maria 3 Water-Resistant Tall Calf Height Boot Zip GRAY 7.5W NEW 580-127Madden Girl Womens Combat Taupe Combat Boots Shoes 11 Medium (B,M) BHFO 1913Easy Spirit Navy Suede Leather Mid-Calf Boots 8.5M , Vintage 90s LEI Brown Chunky Platform Oxford Shoes Dawnne Womens Size 9.5 VeganWomen Thigh High Low Heel Over The Knee Faux Suede Boots Chestnut Brown 6

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 Natural Rough out Leather Leather Italy Cowboy Boots Made In 9.5 Italy Eu 40 US 9 - 9.5 dd35b2d - gravityxdance.com