Securing a supply of batteries - the most important component in an electric car - in China, the world
BEIJING: Tesla Inc is in talks about ordering rechargeable batteries from top Chinese producer Contemporary Amperex Technology Co Ltd (CATL) to power Model 3 cars the US electric automaker plans to start assembling at its new factory near Shanghai, people familiar with the matter said.
CATL has been discussing the required specifications for the batteries with Tesla officials, the people said, asking not to be named because the talks are private. Still, there’s no guarantee that an agreement will be reached, according to the people.
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