Chinese Electric Vehicle Battery Manufacturer CATL Extends Battery Supply Deal with Tesla
Chinese Electric Vehicle Battery Manufacturer CATL announced on Monday that it had signed a new long-term agreement with U.S. EV maker Tesla to supply battery cells to the company. Shares of CATL have been climbing in recent months in anticipation of the deal.
CATL will start to supply lithium-ion batteries to Tesla from January 2022 to Dece…
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