Post by
JimToronto on Mar 19, 2022 11:46am
CATL’s new North American plant
Mar 19, 2022
(Bloomberg) — China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering sites across North America for a massive $5 billion plant to supply customers including Tesla Inc.
CATL’s new North American plant would produce a mix of nickel-manganese-cobalt and LFP cells, and supply both Tesla and other automakers, two people familiar with the matter said.
The manufacturer also counts auto giants Daimler Truck Holding AG, BMW, Stellantis NV and BAIC Motor Corp among its customers around the world.