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CATL to Extend Battery Supply Deal with Tesla
CATL to Extend Battery Supply Deal with Tesla

CATL to Extend Battery Supply Deal with Tesla

On June 28th, Chinese EV battery manufacturer CATL (Contemporary Amperex Technology Co. Limited) announced in a stock exchange filing to extend battery supply deal with Tesla.

The deal will extend from Jan 2022 to Dec 2025. Currently CATL’s batteries are used in Model 3/Y made in Shanghai.