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Tesla (TSLA) Stock’s Momentum Is Spilling Over To LG Chem’s Battery Supply Business

July 21, 2020 0 Comments

Tesla (TSLA) stock has skyrocketed in the past few weeks after it released its Q2 2020 production and delivery report. One of Tesla’s battery suppliers, LG Chem (051910.KS), has been skyrocketing as well and now holds the largest market share in the battery EV industry.
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Tesla Giga Shanghai Model 3 Will Start To Use CATL LFP Battery Cells

July 17, 2020 0 Comments

CATL has confirmed that it will begin shipping its LFP (lithium iron phosphate batteries) to Giga Shanghai. The first deliveries should begin later this month. LFP batteries will only be used for China-made Model 3 Standard Range Plus.
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Tesla 1 Million Miles Battery Is Ready To Produce, Hints By Chinese Supplier CATL (Rumor)

June 08, 2020 0 Comments

The leadership of a Tesla technology partner in China that is helping to develop a "one million mile" battery says the company is now "ready to produce." CATL said it had developed a battery that runs over a million miles, and the battery will last for 16 years.
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Tesla Seeks China Gov Approval To Build Model 3 With Lithium Iron Phosphate Batteries (LFP)

May 23, 2020 0 Comments

A document on the website of the Ministry of Industry and Information Technology says that Tesla requested permission from the Chinese government to manufacture cars equipped with lithium iron phosphate (LFP) batteries. No other details are indicated in the document, so it remains unknown who the battery manufacturer is.
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Tesla Will Continue To Work With CATL While Developing Its Own Batteries

May 12, 2020 0 Comments

Tesla has plans to develop its own batteries, confirmed Elon Musk to CATL’s CEO, Zhou Jia. 
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Tesla Battery Day Will Be Streamed Online, Says Elon Musk

March 18, 2020 0 Comments

Tesla Battery Day has been a long-awaited event for enthusiasts, supporters, and investors of the EV automaker.
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Tesla China Battery Supplier CATL Plans To Largely Increase Cell Production Capacity

March 02, 2020 0 Comments

In early February 2020, CATL announced a partnership with Tesla and officially entered its supply chain, and recently the company also announced that it plans to raise 20 billion yuan ($2.86 billion) to build lithium battery projects and promote capacity expansion plans.
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Tesla CATL LFP Battery Cells Make The MIC Model 3 A True Mass Market Car

February 20, 2020 0 Comments

Tesla CATL LFP battery may make the MIC Model 3 a true mass market car. Many have speculated the ramifications of using CATL's less energy dense cells by Tesla. It turns out using CATL LFP battery cells may be quite a strategic move for the EV automaker.
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CATL signs battery supply agreement with Tesla China

February 03, 2020 0 Comments

On February 3, Chinese manufacturer of batteries CATL announced that it had signed a two-year supply agreement with Tesla, valid from July 1, 2020 to June 30, 2022. CATL said the electric car maker, led by Elon Musk, will determine the volume of battery purchases based on its needs, but the agreement does not impose restrictions on Tesla's volume of purchases.
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Tesla Confirms Partnership with CATL and LG Chem for Battery Supply in Giga Shanghai

January 30, 2020 0 Comments

Tesla has confirmed its partnership with CATL and LG Chem for the EV company’s battery supply in Giga Shanghai.
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