View Original Article

TECHCRUNCH

Marc Fisher Arianna Natural Brown Suede Buckle Midcalf Moto Boots NEW , Blue Leopard Traction Sole Platform Booties Faux Leather$495 BCBG MAXAZRIA Women Hughes Over The Knee High Flat Boot Shoe,Charcoal,US 10womens ladies fashion casual zipper knee high boots shoes white or pink size 789 , WOMEN'S MADDEN GIRL*ANARCHY BLACK BOOTIES * SIZE 10ETIENNE AIGNER - RULER -Women's Knee High Boots -Brown Leather Heels -Size 7.5 MROSEGOLD HAZEL Black Suede Designer Mid Calf Pull On Boots MISMate L 8.5 R 9.5 , EMU Australia Rose Malee Sand Suede Leather Boots W11137 Women US 8.5 NEWL Fashion Womens Casual Suede Wedge Heels Ankle Shoes Conceal Wedge Heels BootieJessica Simpson Women's Londy Fashion Boot Really Grey Size 6.0 , Donald J Pliner Jokia Shoes Size 7 Brown Animal Print Suede Mid Calf BootsNEW CHARLES BY CHARLES DAVID WOMEN'S MID-CALF TAN SUEDE BOOTS SIZE 9 , Nocona Boots Womens Black Red Leather Pointed Toe Mid Calf Cowboy Boots Size 6 BNWT Women's Simply Vera Vera Wang Fortune High Heel Sandals Shoes BlackIVANKA TRUMP Sharon High Heel Booties Size 8 MSRP $150 D6 8/8 New , TEVA RARE DE LA VINA PERF COFFEE BROWN LEATHER ANKLE BOOTS, US 7/ ~ NEW , Earth Orgins Riley ankle boots Black Cow Leather & Suede ladies size 8.5 MCLARKS WOMEN'S CHRIS SYDNEY ANKLE BOOTS BURGANDY LEATHER US SIZE 9.5 MEDIUM (B)MBar III Womens TIGER2 Leather Closed Toe Ankle Platform BootsWomens Sexy Ankle Boots Pointy Toes High Heels Stilettos Booties Shoes FashionSbicca Women's Jeronimo Boot, Black, Size 6.0Joules Welly Print Tall Rain Boots Bees Black US Size 5COLE HAAN womens black leather ankle fashion boots shoes size 8.5 B , TOMMY HILFIGER Zappa Brown Fold Over Faux Fur Lined Thick Wedge Heel Boots sz 8Black Suede Soft Moccasin low boot Womens fringe Western Indian Pawnee all sizesLogo Black Leather Ankle Bootie with Tie Brenda Pumps 8.5 New Lori Goldstein , BX713 SARA LOPEZ shoes black leather women ankle bootsEasy Spirit Women's Brower Boot, Medium Brown, Size 6.0Gianni Bini Women's Boots 6.5 Black Leather Tall Riding Boots Block Heel ,

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.

Bearpaw Emma Short Charcoal Grey Suede Charcoal & Sheepskin 21489 localjoes-21488 Ankle Boot 9 40 NEW 72a1781 - gravityxdance.com