Tesla: LG Chem to double China battery capacity to meet Tesla demand: Sources – Latest News


Source: sortiwa.com sortiwa.com

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by sortiwa 199 Views ( EV ) increased output from China as well as Korea to Tesla’s factories in Germany and the United States, said two people matter, signalling an increased role in the supply chain of the world’s leading EV manufacturer. The plan comes as Tesla, LG Chem’s primary customer, scrambles to secure cells as part of an aggressive global production expansion plan, as it targets soaring demand fanned by governments promoting EVs to curb air pollution. LG Chem has already added production lines in South Korea this year mainly to meet demand from Tesla’s U.S. plant, the people...