, Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources – Source Reuters Tech News, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing
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Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources – Source Reuters Tech News

Beijing (Reuters) – Tesla (TSLA.O) is in advanced stages of talks to use batteries from CATL (300750.SZ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) batteries – in cars made at its China plant, people familiar with the matter said.

, Exclusive: Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources – Source Reuters Tech News, iBSC Technologies - learning management services, LMS, Wordpress, CMS, Moodle, IT, Email, Web Hosting, Cloud Server,Cloud Computing

FILE PHOTO: A China-made Tesla Model 3 vehicle is seen at a delivery ceremony at the Shanghai Gigafactory of the U.S. electric car maker in Shanghai, China, Dec. 30, 2019. REUTERS/Yilei Sun/File Photo

Adoption would mark the first time for the U.S. automaker to include so-called lithium iron phosphate (LFP) batteries in its lineup, as it seeks to lower production costs amid faltering overall EV sales in China.

Tesla has been talking to the Chinese manufacturer for more than a year to supply LFP batteries that will be cheaper than its existing batteries by a “double-digit percent,” said a person directly involved in the matter, who was not authorized to speak with media and so declined to be identified.

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Source Reuters Tech News

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