Chinese EV battery maker CATL extends deal with Tesla
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FILE PHOTO: A Tesla logo is seen on a wheel rim during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song
BEIJING (Reuters) - Chinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025.
Ningde-based CATL said in a stock exchange filing that it would supply battery cells to Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, until December 2025.
Other Tesla battery suppliers include Panasonic Corp and LG Energy Solution.
(Reporting by Yilei Sun and Tony Munroe; Editing by Jan Harvey)
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