View Original Article

TECHCRUNCH

B.O.C. Born Concept Rhonda Western Boots, Brown, 9 US , Bandolino New Lethia Brown Womens Shoes Size 5.5 M Boots MSRP $109 , Elizabeth and James Brown Suede heeled boot sz 10 , Vince Camuto Pull On Equestrian Style Gusset Brown Leather Riding Boots LK NW 6BDIESEL 'Travis' Women's Brown Leather Heeled Ankle Boots (Sz 10 US; 40 EU)-$260BEARPAW BIANCA Tall Sheepskin Winter Boots Womens 6 NEW IN BOXTHE NORTH FACE "Jozie" Faux Fur Trim Black Suede Boots - Women's Size 8DR. MARTENS WOMEN'S BOOTS SIZE 7I35 Fawne Wide Calf Riding Boots, Merlot, 6.5 USnaturalizer Dallas Ankle Boots 063, Coffee Bean, 7 US / 37 EUAnthropologie Size 10 Cubanas High Field Brown Wool and Leather BootiesPierre Hardy Women's Black Leather Boots Platforms Heels Shoes - SZ 38 8 , Chooka Duck Skimmer Rain Shoes Boots Womens Navy Blue Size 10 NEW Rubber , Women's Columbia Snow Winter Boots US Size 8 StyleBL 1371-010 Black Faux FurVasque Hiking Boot Multi-sport Trail Vibram Soles Women's 9.5Red Leather Cowboy Boots Size 9 , Karl Lagerfeld Paris Womens Amedee Black Booties 6.5 Medium (B,M)Franco Barbieri women's brown tall leather riding winter rain boots size 7The North Face Women's boots Size 6Bare Traps Sabella Mid Calf Moto Boot Leather SDS Dark Brown 6MF&S Merrimack WMNS 400 Gram Insulation Boots Size 9 , Loewe designer ladies patent leather boots. Size 38. Very Nice!! , HUNTER ORIGINAL Tall Gloss Rain Boots Purple US 5 M /6F Run Big , Nine West Nolynn Black Womens Shoes Size 5.5 M Boots MSRP $99 , Naturalizer ‘Kala’ Cognac Brown Leather Side Zip Ankle Boots Women's Size 7.5 MA35 Jadah Riding Boots, Dark Brown, 8.5 USLucky Brand Boide Black Womens Shoes Size 6 M Boots MSRP $129Searle Dark Brown Shearling Boots Retail $240 Size 38Steve Madden Cynthia Black Womens Shoes Size 8 M Boots MSRP $129

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.

FitFlop Women’s Leather Superboot Tall Brown 8 Pebbled Leather 101-080 Superboot Size 8 16265af - gravityxdance.com