HomeAutoTesla considers new partnership for battery supplies Acquire US

Tesla considers new partnership for battery supplies Acquire US

It seems that Tesla is contemplating Chinese language battery parts producer Dawn New Power as a possible provider, in response to a brand new report.

Dawn New Power stated on Wednesday that Tesla has expressed curiosity within the producer’s battery element merchandise, as reported by Reuters. The corporate says that Tesla’s battery uncooked supplies division had been in touch requesting particulars on its expertise, upcoming manufacturing plans, and total manufacturing capability.

The corporate’s three way partnership, Dawn New Power Materials Co. Ltd., produces graphite anode materials utilized in lithium-ion batteries, that are the batteries utilized in electrical autos (EVs). The corporate’s three way partnership can be within the means of constructing a 260,543-square-meter manufacturing facility situated within the Chinese language province of Guizhou.

Dawn added on Wednesday that it has submitted purposes for 2 separate patents associated to its laborious carbon composite supplies, which might doubtlessly add two new patents to the 25 it already holds.

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Tesla additionally has ongoing lithium provide offers with different corporations, equivalent to Australia’s Liontown Assets and Core Lithium.

The information additionally comes only a week after it was reported that Tesla lithium provider Albemarle is anticipated to take over Liontown for $4.3 billion as quickly as mid-2024. Final month, a report confirmed that Tesla might have threatened Core Lithium with a lawsuit, alleging that the corporate didn’t execute on its provide agreements with the automaker.

The automaker additionally has a lot of different mineral suppliers, and earlier this 12 months, Tesla was reportedly contemplating the acquisition of Brazilian lithium firm Sigma Lithium — certainly one of South America’s largest lithium extractors.

Tesla can be constructing its personal lithium refinery plant close to Corpus Christi, Texas, after holding a groundbreaking occasion for the ability in Could. The location is anticipated to course of uncooked lithium and different supplies into battery-grade lithium for its EV batteries. In latest months, Tesla proposed donating as a lot as $3.8 million to assist enhance roads close to the upcoming plant.

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Tesla considers new partnership for battery supplies

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