China's CATL signs battery supply agreement with Tesla
SHANGHAI (Reuters) - China's top electric vehicle battery maker CATL said on Monday it has signed a battery supply agreement with Tesla.
Tesla will determine the battery purchase volume between July 2020 and June 2022, according to its own needs, CATL said in a stock exchange filing, adding the agreement does not impose restrictions on Tesla's purchase volume.
Tesla, which has a long-standing battery supply agreement with Japan's Panasonic Corp, said during its earnings call last week that its pact with LG Chem <051910.KS> and CATL was at a smaller scale.
Tesla is building Model 3 vehicles from its $2 billion Shanghai factory, which started delivering cars last year, and has said it would diversify battery supplies for the plant.
译文来源：三泰虎 http://www.santaihu.com/49268.html 译者：Joyceliu
droit du seigneur
Good business move for tesla. They’re also building a charging infrastructure across China.
Yep, Tesla needs to buy up as much battery production as possible, that is the one thing that is holding up Tesla from growing faster.
Tesla will have 20,000 superchargers world wide while everyone else struggles with range anxiety.
In order to boost GM’s Chevy Bolt production by more than 20% this Fall, as planned, a new LG factory is being set up in Michigan, where they will supply battery packs to the GM assembly facility in Orion, where the Bolt is being manufactured.
I think GM is the only American car company that imports Chinese-made vehicles into the US for sale here.
Support America. Buy a Tesla.
The Bolt can’t sell, GM is leasing them at a lost in order to pad their carbon points. GM may go bankrupt a second time if they up their game.
What do you care it's made for chinese market.
Tesla continues to lock up suppliers while other OEM struggle to find batteries, why? Tesla’s the only one selling EVs that people want. Every other company underwhelmes.
Actually I have intended to make a purchase of a fleet of Tesla vehicles for my company's use. But now that they have announced that the car batteries in their Tesla cars will be made in china, I have decided not to take the risk. Vehicles broken-down due to faulty batteries is small matter, vehicle-fires are a matter of life and death.
Tesla cars running 150k without any problems.
Nowhere the article said the batteries will be used on vehicles sold in the USA. This doesn’t mean they will not, but it doesn’t say it and people are jumping. Now China has signed an agreement with Tesla to build and sell cars there so, yea it is expected to keep the cost low to get a local battery maker.
The GOP is DEAD
Elon Musk plays ten years in the future ..... while most folks are checking last quarter’s earning reports.
Chinese batteries, Tesla?????? There goes the quality......................
中国电池,特斯拉? ? ? ? ? ?这会导致质量问题吧
World News Tonight
Tesla is so far out ahead of other companies that are producing EVs that they will never catch up.
Tesla may fail but car industry changed to EVs and Hybrids with better mileage. Hybrids are giving 40 miles per gallon. Accept change or lose the business.
You can't stop progress.
$684 Price Target BULLISH
Chinese batteries have been known for years - to explode, catch fire, overheat so O well
Just another STRUMPID American company is handing over its technologies to China through a joint venture. STRUMPIDITY at its finest!