According to media outlet 36Kr, several informed sources revealed that Tesla has ordered 45 gigawatt-hours (GWh) in lithium iron phosphate batteries from Contemporary Amperex Technology Co., Limited (CATL), a leading Chinese power battery company, for next year’s sales plan. These batteries are mainly to be used for the construction of Model 3s and Model Ys. CATL declined to comment on the matter.
According to official information from Tesla, the Model 3 and Model Y, which are equipped with lithium iron phosphate batteries, are standard endurance range versions, with the former having a battery capacity of 55 degrees (kWh) and the latter of 60 degrees. Based on this preliminary calculation, a battery order of 45GWh will correspond to nearly 800,000 vehicles. This has surpassed Tesla’s total global sales in the first three quarters of this year. As of the third quarter of 2021, Tesla has sold 627,350 vehicles worldwide.
In addition, industry sources told 36Kr that Tesla Giga Nevada will also expand its production in 2022, exceeding 40GWh. Coupled with the supply of Panasonic and LG Chem, Tesla’s 2022 sales start at 1.5 million cars.
On October 25, Hertz, a car rental company, placed an order with Tesla for 100,000 cars. Tesla’s market value then had surpassed $1 trillion. Its market capitalization has nearly doubled in the past year, stimulated by the rapid increase in automobile sales and profits.