View Original Article

TECHCRUNCH

Women's Skechers Boots Shape Ups Black Suede leather Sz 7.5 GUCCole Haan Boots 8B Black Leather LowMIA Vintage Riding Fashion Woman Leather Boots Size 6 BWomens Gothic Platform High Top Ankle Boots Causal Shoes Pumps High Heels Zip SzLaCrosse Authentic Tall Rain Boots Black Size 6 Made in USANew* Womens Giani Bernini Angye Peep Toe Shooties Grey Size 6 M , WOMENS VTG ZODIAC GREY LEATHER SLOUCH HIGH HEEL COWBOY WESTERN BOOTS 6.5~1/2 M , Via Pinky Collection Ranger Taiga Biker Front Zip Boots Gold Metal US 8.5 , Naturalizer Barita Booties Women Size 9 Black Retail $119 , Durango Women's 11" Brown Western Cowboy Boots RD3223 Size 7M Square Toe , VINCE CAMUTO VC Signature 'Kalypso' black leather gold turnlock ankle BOOTS 5.5Lamo 7 Grey Suede Juniper Side Zip Boot Water and Stain ResistantGorgeous RALPH LAUREN Animal Print Charcoal Women's Size 7 Rubber Rain BootsWomen's Shoes X2B Mariko 2 Glitter Mesh Peep Toe Lucite Heel Booties Black *New*nEW Zigi New York Pascha Women's Ankle Boots US 8.5 , Talbots Womens Shoes Size 6 Burgundy Brown Solid Leather Ankle BootsBare Traps Women's Ysidora Booties Size 9 BlackWomens Denim Open Toe Shoes High Heel Pumps Zip Ankle Boots Sandals US Size S750 , Hush Puppies Pavillion Black or Brown Leather Boot , Womens Warm Ankle Buckle Trap Plaid Flat Pull On Platform Round toe Winter Boots , Sperry Top-Sider ~ Raleigh High Top Sneaker Women's Boots $85 NIB , Isaac Mizrahi Volley Tan Brown Suede Monk Strap Wedge Ankle Boot NEW , Nine West New Women's Black Cool Kat Knee-High Boot , Ladies Shoes Synthetic Leather High Block Heels Zip Over Knee Boots US Size b203 , Limelight Womens Madison Equestrian Slouch Boot Shoes, Black, US 8.5Ariat® Ladies Unbridled Shirley Sand Brown Suede Mules 10021289B Makowsky Sherry Brown Leather Buckle Detail Back Zip Riding Boot 8 SaleLucky Brand Women's Fudge (Dark Brown) Ankle Boots Style LP-ENCLINEBCBGeneration Priyah Blue Leather Fashion Casual Dress Ankle Boots Size 9.5 ,

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.

Isaac Mizrahi Grey Leather Boots & Suede Suede Kierra Wedge Ankle SALE Boots 8 SALE 3d3f0f7 - gravityxdance.com