Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley
Teslarati
MARCH 27, 2024
In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. Meanwhile, China has an oversupply of affordable EVs and cells in the battery market. Tesla also plans to use battery machines from CATL at Giga Nevada , which is currently in the midst of an expansion.
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