Tesla inks deal to get key battery part outdoors China


Source: cnbc.com cnbc.com

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Tesla quick charging stations (Superchargers) are positioned in a parking zone. Philipp Schulze | Image Alliance | Getty Photos Tesla is popping to Mozambique for a key part in its electrical automobile batteries in what analysts imagine is a first-of-its-kind deal designed to scale back its dependence on China for graphite. Elon Musk’s firm signed an settlement final month with Australia’s Syrah Sources , which operates one of many world’s largest graphite mines within the southern African nation. It is a distinctive partnership between an electrical car producer and a producer of the mineral that’s essential for lithium-ion batteries. The...