View Original Article

TECHCRUNCH

Tommy Bahama Kaja Wedge Bootie, size 7M, retail $158 , FREE PEOPLE Chasing Cowboys Ankle Boot Zebra Print Women's Size US 7-7.5Boot Keen Morrison Chelsea Cascade Brown , B MAKOWSY TAUPE LEATHER SHERPA WOOLY LINED BUTTON DOWN CUFFABLE MID BOOTS~6.5 MSTEVE MADDEN MILLO BLACK ANKLE BOOTIE SIZE 10Sam Edelman Chandler Boots Sz 7.5 Suede Leather Studded Black Heel $160 NEW , ECCO Women's Tall Boots Buckle Leather US 6-6.5 Black High Heels FormalGUESS ESPERANZ MEDIUM BROWN LEATHER FASHION ANKLE LEATHER BOOT SIZE 5M , LORD & TAYLOR Black Leather "Myth" Ankle Boots Womens Size 9M-B136Women's Violet/Purple Boots by Hunter Size: 4 M Used in great conditionGuess Women's Aziz Ankle Booties US , Rieker Ally Black Leather Classic Heel Ankle Boots Size 5.5-9.5 , Womans Brown Leather Wolverine Boots. Sz 5. Nwob WB33$228 Cole Haan Clare Black Leather Open Toe Ankle Bootie Women's Size 7.5 M* , Frye Knee High Boots Black Leather Size 5.5Kelsi Dagger Black Leather Boots, Women’s Shoes, Size 8.5MNina Gabele Women's Fashion Ankle Boots Black Suede Size 8M New NIB , New! Steve Madden Women's Country Boot- Chestnut Suede- Size 10 Fringe , NEW LOGO by Lori Goldstein PAIGE Short Shaft Novelty Moto Boots 7 BLACK CAMO , Brand New TIFFI $289 Black Pebbled Leather Tall Riding Boot, Women's Size 5 , Womens Dingo Sz 7.5M Tan Leather Cowboy Boots Gold Tips Concho With Beads , LILIANA - HIGH HEEL - OVER THE KNEE - POINTY TOE - SUEDE BOOT(Size 8) , VINTAGE Black DISTRESSED Made in USA WRANGLER SIZE 8EE MOTORCYCLE BIKER BOOTSSam Edelman Rudie Studded Fringe Bootie Grey Suede size 12 woman EUC !! , Steve Madden Womens Hangur Boot, Brown SZ 8 , Moon Boot Black, Women’s Shoes, Size 7B , VINCE CAMUTO 'Casha' Perforated Bootie- Size 5.5- Tan , Women's KG by Kurt Geiger Black Suede Platform Ankle Boots Size 41 US 11 M , Naughty Monkey Moon Child Knee High Black Leather Fringe/Faux Fur Size 6 RH7262

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.

Brand New CHARLES DAVID $269 Leopard localjoes-27691 Studio Leopard Calf Hair Hair Ankle Booties, Size 5.5 60e937f - gravityxdance.com