Tesla signs new battery cell agreement with CATL in race to secure large battery supply
June 29, 2021
Tesla has signed a new long-term battery cell agreement with CATL, China’s biggest battery manufacturer, amid the race to secure a large battery supply in the auto industry.
The electric vehicle revolution is in need of an insane amount of batteries in order to keep growing at a high pace.
New production capacity is being snapped up by automakers as soon as it is being made available — often…