Patent Forecast® Catalog News For Companies For Investors For IP Attorneys Support About Us Menu

Read More News and Insights


November 7, 2019

Tesla and CATL reach prelim battery agreement

Tesla Patent Forecast®

Securing enough domestic batteries is crucial to Musk’s efforts to expand in China, the world’s biggest car market. To that end, Tesla Inc. has reached a preliminary agreement to start using CATL (Contemporary Amperex Technology Co. Ltd.) as a battery supplier for cars made in China from as early as next year. Chinese supply would go into Model 3 cars produced at Tesla’s factory near Shanghai, permitting Tesla to rely less on imports and reducing any impact from tariffs that have fluctuated amid the U.S.-China trade war.  Tesla is continuing to innovate, as shown by four recent publications dealing with electronic components.

Car, Electric, Tesla, Electric Car, White, Electrical

 


Relevant Patent Documents

Application 20190332815  

Application 20190332816  

Application 20190334706  

Application 20190332390  

Article Source Link

www.bloomberg.com


Read more like this in News This Week!   or   Share this link with your connections!