View Original Article

TECHCRUNCH

Valentino Free Rockstud Spike slides, 41 , BRAND NEW! ROGER VIVIER - BALLERINE CHIPS SATIN D'ORSAY FLATS, MADE IN ITALYNIB Christian Louboutin Toerless Muse Nude Leather Strappy Cage Ballet Flat 41Valentino Garavani Rockstud Rolling Embroidered Flat Sanda Size 39 1/2RALPH LAUREN COLLECTION Black Leather Spectator WingTip Mary Jane Heels 9M ItalyChristian Dior Flats Black Round Toe Buckle Leather Sz 40 Mint Condition BeautyNIB Christian Louboutin Follies Spikes Silver Leather Ballerina Ballet Flat 37.5 , PRADA Metallic Silver RUNW Ballet Flat Napa Leather Womens Shoes 41 10.5 M NEWBalenciaga Leather Round Toe Flats Silver Hardware Size 412018 Auth Valentino Black/Powder Trim Rock Stud Slingback Flats 35 , NIB Valentino Rockstud Bronze Leopard Nude Beige Ballet Ballerina Flat 36 $1095 , Authentic Fabi Leather Italian Designer Flats New Sizes 6,11 Yellow , Woman By Common Projects Flats US 6-6.5VALENTINO GARAVANI Rockstud Ankle Strap Pointy Toe Flat 37.5 Pink $1075 , Prada Metallic Gold Wing Tip Loafers , NIB Dolce&Gabbana Cinderella's Clock Flats IT38.5 (Retail $1,300)NIB Christian Louboutin Nosy Spikes Black PVC T Strap Ballerina Ballet Flat 41 , Manolo Blahnik Hangisi Satin Flats Royal Blue Women Sz 37 4521 $895NIB Oscar De La Renta White Satin Peep toe Flat Shoes Bridal 38 1/2CHIARA FERRAGNI shoes sabot slippers woman CF1826 silver glitter palms$1275 Christian Louboutin Gondola Strass Low Top Sneaker Flats 37.5 , Christian Louboutin Christervia Ankle Wrap Flat - Blue Denim / Red - 9US (S68)$525 TOD'S Moccasin Loafer Low Heel Black Leather Shoes Woman's 5 Italy * RARE! , NIBValentino Garavani Rockstud Spike Quilted Black Leather Ankle Strap Flat 38.5 , RARE!! HERMES Birkin Kelly Blk Lthr Silver Logo Loafers Shoes PHW 41/9.5/10/10.5 , Tory Burch Dip-Dye Logo Ballet Blue Laguna Nappa Leather Flats size 8.5Bruno Magli Eldora Flat made in ITALY brand new msrp $470 comfortable 0.75" heel , RED VALENTINO Velvet ROSE FLOWER 39.5Fendi New Faces Flat Beige Womens Shoes Size 10 M Flats MSRP $750

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.

PRADA metallic silver leather leather platform espadrille 37 oxford brogue shoes metallic 37 $950 2440492 - gravityxdance.com