View Original Article

TECHCRUNCH

G.H. Bass & Co Brown Genuine Suede Mercy Fashion Ankle Boots Sz 6.5M EUC , Sweet Womens Detachable Shoes Pull On Mid-Calf Boots Hidden Heel Shoes S Ths01Me Too Brown Melinda Leather Back Zip Fashion Ankle High Heel Boots Sz 9.5M EUC , G.H. Bass & Co Black Genuine Suede Mercy Fashion Ankle Boots Sz 6M EUC , Womens Pointed Toe Flat Retro Style PU Leather Metal Color Side Zip Ankle Boots10cm Women Lady High Wedge Heel Platform Ankle Boots Side Zipper Suede Shoes New , Retro Style Round Toe Mid-calf Chunky Front Zipper Leather Women's Boots Ths01Thalia Sodi Brisa Women Shoes Black Knee High Boots Platform Boots Sz 9.5 M , Nine West Blogger Women's Dark Natural Brown Riding Boots Size 7.5M Zip Up , Women's Ankle Boots Block Cuban Heels Comfort Casual Tassel Round Toe New Ths01Women's Hidden Wedge heel shoes Round toe Embroidery Floral Casual Ankle Boots , Vintage 1979 Calistoga Dingo 8.5 M Genuine Leather Cowboy Boots 3" Heel Pull On , Pointed-toe Women's Ankle Boots Kitten Heels Buckle Zipper ALL US Size Shoes , Charles by Charles David Dapper Bronze Met Suede Ankle Boots Sz 6MWomens knee high boots denim Winter warm buckle high heel stylish round toe shoeBCBGeneration Rossy Black Distressed Leather Side Zip Ankle Boots Sz APPROX 10MWomens Round Toe Ethnic Style Warm Retro Ankle Boots Ethnic Casual Block HeelsWomens Super High Block Heel Round Toe Shallow Mouth Platform Ankle Boots Shoes , Dirty Laundry PUFFY Faux Fur Insulated Nylon Knee High Winter Boots Black Sz 7-M , New Winter Women Stretch Faux Suede Thigh High Boots Pumps Block High Heels@Inniu brown knee-high boots Eur 35 US-Aus 5 USED from ItalyWomens Suede Super High Block Heel Platform Zip Nightclub Ankle Boot pumps Shoes , Womens High Heel Fringe/Tassel Suede Metallic Platform Winter Boots Shoes New#BTesori Leslie Black Leather Round Toe Black Knee High Boots Sz 6M , Women Round Toe Knited Knee High Boots Creeper Wedge Heel Platform Shoes Pull onMossimo Supply CO Brown Cowboy Western Boots Womens Size 9.5Womens Over Knee Boots Slim Fit Black Low Heels Shoes Stretchy Warm Pull On G393Womens Hidden Heel Wedge Plus Size Pull on Shoes Booties Fashion Faux Fur A2388Womens Punk Rivets Side Zipper Ankle Boots Shoes Stilettos Nightclub Pointed Toe ,

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.

Hot Toe Womens Round Toe Faux Fur Casual Snow Warm Winter Ankle Boots Warm Casual Creepers I308 e2bfeee - gravityxdance.com