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Chinese EV Battery Maker CATL Extends Deal With Tesla

By Mei Ling Tan
1 min read
Chinese EV Battery Maker CATL Extends Deal With Tesla
Chinese EV Battery Maker CATL Extends Deal With Tesla

Chinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025.

Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, until December 2025.

Other Tesla battery suppliers include Panasonic Corp and LG Energy Solution.

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