CATL plans a new battery plant 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.