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© CATL Electronics Production | June 03, 2021

CATL plans a new battery plant in Shanghai

China's CATL is reportedly planning a new, major, automotive battery plant to be located in Shanghai.

The plant would have the capacity to produce 80 gigawatt-hours of battery cells a year, a Reuters article reads citing two unnamed sources familiar with the matter. Locating the plant in Shanghai would also place Tesla in close proximity, to whom CATL has been a supplier to since 2020. The report continues to state that CATL seems to be in talks with the Shanghai government about building the factory, but no immediate details were available.
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May 27 2021 2:20 pm V18.18.11-1