EXCLUSIVE: Tesla in talks to use batteries from CATL that contain no cobalt, one of the most expensive metals in electric vehicle batteries, in cars made at its China plant - sources
) that contain no cobalt - one of the most expensive metals in electric vehicle batteries - in cars made at its China plant, people familiar with the matter said.
Adoption would mark the first time for the U.S. automaker to include so-called lithium iron phosphate batteries in its lineup, as it seeks to lower production costs amid faltering overall EV sales in China. To boost the density and safety of its LFP batteries, CATL has been working on its so-called cell-to-pack technology, the people told Reuters.
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