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Tesla lithium battery supplier

About Tesla lithium battery supplier

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6 FAQs about [Tesla lithium battery supplier]

Who makes Tesla batteries?

Panasonic has made various types of battery for Tesla. The company originally produced Tesla’s 18650 battery, before moving on to the newer 2170 batteries. In 2023, Panasonic will begin mass-producing the newest and largest 4680 batteries. CATL is the world’s largest EV battery manufacturer by market share.

Does Tesla have a lithium supply deal?

Tesla has deals with multiple lithium suppliers, some of which are already producing and some that are juniors developing lithium projects. At the end of 2021, Tesla inked a lithium supply deal with top lithium producer Ganfeng Lithium (OTC Pink: GNENF,SZSE:002460).

Does Tesla have a lithium refinery in Texas?

Tesla broke ground on its in-house Texas lithium refinery in the greater Corpos Christi area of the state last year. Tesla's lithium refinery capacity is expected to produce 50 GWh of battery-grade lithium per year. Musk said in late 2023 that construction of the lithium refinery would be completed in 2024, followed by full production in 2025.

Where is Tesla's in-house lithium refinery located?

Today, we are breaking ground on Tesla’s in-house lithium refinery, located in the greater Corpus Christi area of Texas. Once complete, the facility will represent an investment of >$1B in Southwest Texas.

How much lithium will Tesla produce a year?

Tesla's lithium refinery capacity is expected to produce 50 GWh of battery-grade lithium per year. Musk said in late 2023 that construction of the lithium refinery would be completed in 2024, followed by full production in 2025. This is an updated version of an article first published by the Investing News Network in 2022.

Does Tesla buy lithium from miners?

Even though Tesla has secured lithium from all these companies, the EV supply chain is a bit more complex than buying lithium directly from miners. Tesla also works with battery makers, such as Panasonic and CATL (SZSE: 300750), which themselves work with other chemical companies that secure their own lithium deals.

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China''s Ganfeng Lithium Co Ltd and its unit GFL International Co Ltd announced that it secured a three-year agreement with Tesla to be its lithium supplier starting in 2022. "In order to help accelerate the transition to electric transportation, Tesla has become increasingly involved in the raw material supply chain for battery cells," an Electrek article noted.

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