View Original Article

TECHCRUNCH

Jeffrey Campbell Black Leather Gold Buckles Grunge Punk Ankle Boots Size 38 EUR , Charles David Blk Leather Faux Snakeskin Side-zip Knee High Boots Women`s 5 1/2NEW Anthropologie 67 Suede Perforated Sofia Ankle Boots Size 38 Rust , ZARA Flat Glitter Multicolored Over the Knee Boots sz 40 Size 9 , Womens Nurture Willa Black Leather Chain Trimmed Western Booties Boot Size 5.5 MVince Camuto Black Leather Buckle Knee High Equestrian Riding Boots Sz 7.5 $228 , Marc Fisher Women's Trist2 Ankle Boots Military-Inspired Black Size 10Enzo Angiolini Eaeero Shoes Womens Riding Boots Black Leather 4 M NEW! RTL $200 , Presia Zip Shootie ROCKPORT LEOPARD PRINT Sexy BOOTIE size 7.5 M $160 NewBed Stu Women's 9.5 Leather Distressed Ankle Boots Cobbler SeriesFree People Alamosa Brown Distressed Leather Cuffed Ankle Booties-7.5-8 M -$178 , Naturalizer Women's Haley Leather Ankle Boots TW4 Black Size 5.5M $118.95VINTAGE MISTER SHOES SLOUCHY HIGH HEEL BRITISH TAN LEATHER HARNESS BOOTS 9 , Matisse Yorker Knee High Boots - Women's Size 10 M, Black (REPAIR) , Tretorn Aspelin Brown Waterproof Leather Rain Boot Mid-Calf 6 /37 All Weather , Size 12 Ladies Blue Suede Bootie Brand New , Lucky Brand Women's Aresey Faux Fur Lining Ankle Tan Shoes Size 10 NewZara New Black Stiletto Oxford High Heel Womens Boots EU36The Sak Josie Short Boots - Women's Size 8.5 - BlackHUNTER REMY Black Buckle Up Midcalf Rainboots w/ Removeable Lining 8 NEWRieker Red Suede Ankle Boots Colorful Knitted Cuffs Shoes Size 40 9 @ cLOSeTVera Wang Lavender Black Suede Knee High Boots USA 6 Euro 36 Leather InteriorSudini Madison Ankle Boots - Women's Size 10 M, Black , Rockport Women's Kimly Ankle Bootie - Black - Size 7.5 M , FitFlop SKATEBOOTIE™ Leather Boots with Shearling color Deep Plum Size 8 NEW , NIB Vince Camuto Women's Kellini Mocha Brown Boot, Size 6Born Landa Women's Shoes Brown Leather Zip Up Ankle Boots Size 6.5 MBCBGeneration Womens Black Suede Eileen Fashion Boots Shoe Size 6.5 M New!womens lucky brand fringe boots 8.5 ,

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.

EDDIE localjoes-27691* BAUER ~ Dk. 27691 Brown Leather Kitten Heels Knee High Boots Sz 8M* EXCELLENT f43ec8f - gravityxdance.com