CATL’s New Battery Plant Already Supplies Tesla
Overseas media outlet insideevs reported on Monday that Contemporary Amperex Technology Co., Limited (CATL)’s latest lithium-ion battery factory being built has now started production in Shanghai.
In June, 2021, CATL intended to build an bout 80 GWh battery plant in Shanghai. Later in the same month, Tesla signed a new supply deal with CATL that would run from January 2022 to December 2025. There were also new rumors that Tesla had ordered 45 GWh of CATL’s LFP batteries.
CATL’s new battery plant is ramping-up production and has already achieved 60% of its undisclosed target capacity. The new production site is an adapted plant located just 3 km from Tesla’s Giga Shanghai. The new plant will include “a global innovation center, an international functional headquarters, a future energy research institute and a high-end manufacturing base.”
SEE ALSO: AIMS Obtains Hundreds of Millions of Yuan in B-Round Financing from Sequoia China and CATL
In addition, insideevs estimates that Tesla Giga Shanghai will mainly produce LFP-powered cars, while the top of the line versions are still powered by LG Chem’s LG Energy Solution NCM/NCMA batteries.
