Chinese battery maker aims to supply Tesla from Mexico plant


Source: businesslive.co.za businesslive.co.za

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News Chinese battery maker aims to supply Tesla from Mexico plant Contemporary Amperex Technology controls more than 30% of the global EV battery market 18 July 2022 - 16:02 Eric Martin, Gabrielle Coppola and Maya Averbuch Picture: REUTERS/LUCY NICHOLSON China’s Contemporary Amperex Technology (CATL), the world’s biggest maker of batteries for electric vehicles, is considering at least two localities in Mexico for a manufacturing plant to potentially supply Tesla and Ford. The battery manufacturer is considering Ciudad Juarez, in the state of Chihuahua, and Saltillo, in Coahuila, according to people familiar with the deliberations. Both are near the Texas border....