Tesla in talks with new LFP cell supplier for low-cost battery deal: report
Teslarati
MAY 14, 2021
Tesla is reportedly in talks with Chinese battery maker EVE Energy Co for a potential supply deal for low-cost batteries. EVE is noted for producing lithium iron phosphate (LFP) cells, which are affordable to produce but generally have lower density than NCA (nickel cobalt aluminum) batteries, which Tesla also uses.
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