Tesla Inks Battery Materials Deals With Two China Suppliers


Source: yahoo.com yahoo.com

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(Bloomberg) -- Tesla Inc. has signed new long-term deals with two of its existing Chinese battery-materials suppliers, the latest move by automakers to secure supplies amid intensifying competition. Most Read from Bloomberg Pelosi Starts Asia Trip in Singapore With No Mention of Taiwan China’s Rebound Remains Fragile as Factories, Property Slump The Crypto Collapse Has Flooded the Market With Rolex and Patek Banks Used to Provide Relief From Inflation. Now They Profit Big Shale Profits Finally Blossoming After Decade of Steep Losses Zhejiang Huayou Cobalt Co. and CNGR Advanced Material Co. signed pricing agreements with the electric-vehicle giant for supplies...