View Original Article

TECHCRUNCH

Taos Tane Women's brown hazel leather loafers shoes sz. 40 ( US 9 )$795 New Salvatore Ferragamo Ladies Shoes Womens Black Sneakers Size 5 US 36 EUDonald J Pliner Dark Taupe Loydsp Kid Suede Studded Flat Loafer Shoe 8 New , Donald J Pliner Black Libbi Rhinestone Suede Slip On Flat Loafer Shoe 7.5 NewJimmy Choo Romy Women's black leather pointy toe flats sz. 38.5 , Donald J Pliner Dark Taupe Loydsp Kid Suede Studded Flat Loafer Shoe 8.5 NewDonald J Pliner Dark Taupe Loydsp Kid Suede Studded Flat Loafer Shoe 9.5 NewSabrinas 89012 Moon Vision Taupe Gray Slip On Suede Leather Loafers Shoe 10 NewTed Baker Women's Tancey Slip-On Sneakers ShoesCasadei NEW leather black color with gold metallic heels 36 EU size (6 US size)Arche Noir Black Silver Barway Slip On Sneaker Comfort Shoe 7 New , NEW MAX MARA MM40 Nudo Suede Sneakers Shoes size 37 US 7 , NEW MAX MARA MM34 Nudo Leather Velcro Sneakers Shoes size 37.5 US 7.5Arche Noir Black Silver Barway Slip On Sneaker Comfort Shoe 8 New , COLE HAAN W02894 Grandpro Tennis Snake Print Leather Sneakers Shoes US 9.5 M NWB , FRACAP WOMAN M120 MADE IN ITALY handcrafted heritage boots vibram handmade pink , Arche Noir Black Silver Barway Slip On Sneaker Comfort Shoe 9 New , Marc Jacobs Astor Studded Lightning Bolt Sneaker BLUE MULTI Size36Birkenstock Arran Women Natural Leather Women Athletic Sneakers footbed - NEW , Finn Comfort Soiano Sneaker - Women's Size 8.5W - Black , Salvatore Ferragamo Rufina Women's silver leather quilted flats sz. 10 M , $895 New Valentino Garavani Ladies Shoes Womens Green Heels Size 7 US 37 EU , US Shoe Size Women Flat Narrow Width Slip On Leather Comfort Casual Black, BrownUS Shoe Size Women Slip On Flat Comfort Casual Dress Work Black, Brown Leather , Mephisto Hike Women's brown suede walking shoes sz. 8.5 EU ( US 11 )Finn Comfort Womens Sz 5 - 5.5 W 36 Hanoi Oxford Shoes Black Leather / NubuckCloud Aline Dark Brown Leather Plush Ankle Bootie Comfort Shoe 9 NewTroentorp Bastad Swedish Clogs: Mary Jane, Black, Size 35-43Common Projects Woman Achilles 37 Black Leather Sneakers Shoes -Great Condition ,

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.

BATES E02340 Safety Toe 8" Toe Mens Mens 6.5 E02340 ew Leather Thinsulate Safety Boots Black NEW 1d0235f - gravityxdance.com