Tesla China’s battery supply set to increase with CATL share sale

Teslarati
By Joey KlenderAug 13, 2021, 11:12 am233 pts
Tesla’s battery supply for its cars made in China is set to expand. The electric automaker’s battery cell supplier in China, Contemporary Amperex Technology Co. (CATL), is set to sell $9 billion in stock to increase its manufacturing capacity as the EV market expands. CATL said on Friday morning that it…

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