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2021-05-14

I think it's great that they are boosting the stability of ttheir supply chain in China. The production numbers will explode! Please comment and like!

Tesla in talks with China's EVE for low-cost battery supply deal - sources

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Please comment and like!","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/198553585","repostId":2135767417,"repostType":4,"repost":{"id":"2135767417","pubTimestamp":1620972000,"share":"https://www.laohu8.com/m/news/2135767417?lang=&edition=full","pubTime":"2021-05-14 14:00","market":"us","language":"en","title":"Tesla in talks with China's EVE for low-cost battery supply deal - sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2135767417","media":"Reuters","summary":"SHANGHAI/HONG KONG (Reuters) - Tesla Inc is in talks with Chinese battery maker EVE Energy Co to add","content":"<p><img src=\"https://static.tigerbbs.com/564986a5c05c279dc11f442d0187006a\" tg-width=\"200\" tg-height=\"133\" referrerpolicy=\"no-referrer\"></p><p>SHANGHAI/HONG KONG (Reuters) - Tesla Inc is in talks with Chinese battery maker EVE Energy Co to add the firm to its Shanghai factory supply chain, four people familiar with the matter said, as it seeks to boost procurement of lower cost batteries.</p><p>EVE makes lithium iron phosphate (LFP) batteries, which are cheaper to produce because they use iron instead of more expensive nickel and cobalt.</p><p>But LFP batteries generally offer a shorter range on a single charge than the more popular nickel/cobalt alternative.</p><p>EVE would become the second supplier of LFP batteries to Tesla after China's Contemporary Amperex Technology Co (CATL).</p><p>The talks are advanced and the Palo Alto, California-based company is seeking to finalise the partnership in the third quarter, said two of the people.</p><p>Shenzhen-listed EVE is now running some final-stage tests of its products for Tesla, said <a href=\"https://laohu8.com/S/AONE\">one</a> person.</p><p>All sources declined to be named as the discussions are private. 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