Now, CATL has announced that it has signed a new “Production Pricing Agreement” that will secure battery cell supply between January 2022 and December 2025. ![]() It started with electric buses, but its battery cells are now commonly used in many EVs produced in China, and the company is building new battery factories around the world to support EV production in other markets. With the start of production at Gigafactory Shanghai, Tesla started approving other suppliers, namely LG Chem (now LG Energy Solution) and CATL.ĬATL has rapdily grown into the largest battery cell manufacturer in China. Now, it has become standard, and automakers are fighting for Li-ion battery supply. It was able to convince the Japanese automaker to use its cylindrical Li-ion battery cells, previously mainly used in laptops, in electric cars. New production capacity is being snapped up by automakers as soon as it is being made available - often before new battery factories are even built.įor the longest time, Tesla had only approved Panasonic as a cell supplier for its electric vehicles. ![]() The electric vehicle revolution is in need of an insane amount of batteries in order to keep growing at a high pace. Tesla has signed a new long-term battery cell agreement with CATL, China’s biggest battery manufacturer, amid the race to secure a large battery supply in the auto industry.
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