View Original Article

TECHCRUNCH

WESTERN / RIDING Black Leather Boots Women's Size 9B Makowsky Gray Quincy Studded Ankle Leather Zip Up Boots 7.5 M MSRP $120 EUC!!! , New Skechers Australia Women’s Boots 8 Chocolate Brown Suede Fur Lined , CHARLOTTE RUSSE WOMEN'S US SIZE 6 ANKLE HIGH HEEL BOOTSLIZ CLAIBORNE Kampala Black Leather KNEE HIGH BOOTS SIZE 6.5 MSkechers Black Leather Hiker Boots slip resistant Womens Size 8 shoesFranco Sarto Tall Knee High Fashion Boots Brown Alligator Soft Women's 7 NFergalicious Women's Lennin Riding Boot Brown 11 , Roxy Womens Brown Ankle Boots Size 9 M , NEW! Sonoma Womens Tamara Black Biker Boots 118P da , Women's Fashion Boots Shoes Knee High Motorcycle Riding Flat Military NEW CUTEDV Dolce Vita Leather Zip High Heel Ankle Boots Booties Size 10Franco Sarto Womens Brown Suede Knee High Boots Size 9CROWN VINTAGE Womens Brown Leather Booties Size 8ITECH womens ankle boot BLACK size 8.5RAMPAGE Eleanor Women's Brown Knee High Boots Size 10MBORELLI Zenith Chestnut Brown Western BOHO Drill Team Boots Size 6 M Women's , Womens Sz 10 Shoes Black Suede leather Winter Warm Boots Fluffy Mid Calf , Tahari Size 8 Black Suede Ankle Boots Booties Shooties Heels Buckle Women’s Soft , RALPH LAUREN Boots Women's Size 6 Waterproof Black/Green Rain #B1774 , Corky's Footwear Womens Cheetah Print Rubber Rain Boots SZ 10 M *NO BOX* , Lacrosse Boots Womens Size 8 Insulated Leather Brown Fall Winter Ankle HighWomen's Report Syreeta Brown Faux Fur Knee High Boots Size 12 Mwomens taupe ankle boot bootie ~ Madden girl ~ size 8 , BLOWFISH Ankle Boots women sz 10 Ankle Boot sz 10 CAMOUFLAGENEW Women Shoe Low Wedge Slouch Knee High Riding Motorcycle Comfort Mid Calf HOT , Women's Ked's #WF48814 "Rookie Loop leopard print 6 inck Sneakers 8 M , Khombu Womens Black Winter Boots Sz 8 MWomens Shoe Size 8 Boot Mia Amore Adyson Brown Wedge Heel Tall Mid Calf Boots ,

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.

Tommy Tommy Hilfiger Women's Andrea Size 5 Riding Andrea Cognac Equestrian Quilted Riding Boots 7b0ce24 - gravityxdance.com