Tesla to Roll Out China-Made Model 3 Cars With Cobalt-Free LFP Batteries: Sources


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FILE PHOTO: A staff member explains the China-made Tesla Model 3 vehicle at the Shanghai Gigafactory of the U.S. electric car maker in Shanghai, China December 30, 2019. REUTERS/Yilei Sun Reuters BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc is poised to start selling some Model 3 vehicles made in China equipped with cobalt-free lithium iron phosphate (LFP) batteries, two people familiar with the matter said. Currently the Model 3 electric sedans made at the carmaker's Chinese plant use nickel-manganese-cobalt (NMC) batteries. The starting price for the vehicles is currently 271,550 yuan ($39,900) after factoring in government subsidies. Tesla...