CATL | News and Articles
News and Articles
CATL to Quadruple Battery Output Following Tesla Deal
Battery Cell Production Line | Source: CATL
Following a deal with Tesla to supply batteries for their Made-in-China electric vehicles, CATL (Contemporary Amperex Technology Co. Ltd.) is reportedly investing 26 billion yuan ($3.7 billion) to quadruple battery output.
According...
Tesla and CATL Sign Battery Supply Agreement
China's largest battery manufacturer, CATL (Contemporary Amperex Technology Co. Limited), recently announced that they've signed a two-year battery agreement with electric vehicle maker, Tesla. According to the recent announcement, CATL will supply batteries to Tesla between July 2020 to June 2022. The volume of batteries supplied will be determined by...