Tesla has signed new long-term deals with two Chinese companies-Detail Here mines Said
Recently,Tesla has signed a agreement for battery material supply with two giant Chinese companies.
As we all know that GM Motors and Ford Motor also take commitment to producing 600,000 &1 million electric vehicles by 2026,
Tesla finally signed a long deal with two new contractors Zhejiang Huayou Cobalt Co. and CNGR Advanced material in China.
General motors, In last week, also reveal its deal to buy input ranging from lithium cathode material.
The prices of the products will be subject to market prices for nickel, cobalt and manganese, as well as refining fees.
As per the agreement, CNGR will supply the materials to Tesla between 2023 to 2025 also,it
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