Tesla supplier CATL plans a new battery plant in Shanghai — sources

Tesla supplier CATL plans a new battery plant in Shanghai — sources

The Edge Markets - Technology·2021-06-03 15:03

SHANGHAI (June 3): China's CATL is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier, two people familiar with the matter said.

The plant would be able to make 80 gigawatt-hours of battery cells a year, one of the people said, which would come on top of 69.1GWh in current production capacity and another 77.5GWh under construction.

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