CATL's new battery factory in Ningde has started supplying Tesla.

According to foreign media reports on January 10, 2022, CATL’s new battery factory located in Lingang, Shanghai has started supplying Tesla.

In June 2021, CATL built an 80 GWh battery factory in Shanghai. In the same month, Tesla and CATL signed a supply agreement with a term from January 2022 to December 2025. In October 2021, Tesla announced that all standard range Model 3 vehicles would use LFP batteries.

The report indicates that CATL’s new battery factory is increasing its production capacity. The factory began supplying in November 2021 and has already achieved 60% of its targeted production capacity.

The new factory is only three kilometers away from Tesla’s Shanghai Super factory. CATL was able to put the new factory into production so quickly because it converted an existing battery factory. The factory will also include a “global innovation center, international functional headquarters, future energy research institute, and high-end manufacturing base.”

CATL will mainly provide LFP batteries to Tesla, while LG will continue to supply ternary lithium batteries for other versions of Tesla vehicles.

🔗Source: INSIDEEVs

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.