Tesla is hiring Chinese and Korean materials suppliers to help lower the cost and boost the energy of its newest battery cells
A Tesla factory is pictured in Buffalo, New York, US. File photo: LINDSAY DEDARIO/REUTERS
Tesla has tapped China's Ningbo Ronbay New Energy and Suzhou Dongshan Precision Manufacturing to help trim materials costs as it ramps up production of 4680 battery cells in the US, according to the sources, who asked not to be named.
In 2022, Musk said he did not expect 4680 batteries would be a “limiting factor for Cybertruck or anything else.” “While execution risk remains and many details are unknown, Tesla's impact on the global battery industry may still be underestimated,” Morgan Stanley said after investor day. Shoichiro Watanabe, chief technology officer of Panasonic Energy, said in February that the company's new Kansas battery plant woud focus initially on 2170 cells, but it will eventually shift 4680 production to North America.
The carmaker so far has been able to dry-coat the anode — the negative electrode — but is still having issues with dry-coating the cathode, where the most significant gains are expected to be made, the sources said.
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