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Tesla supplier CATL says it has to split the battery materials price increase with EV makers now

Started by Redaktion, May 02, 2022, 17:04:11

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Redaktion

May 02, 2022, 17:04:11
The world's largest maker of batteries for electric vehicles said it can't keep absorbing the drastic increase in prices of nickel, cobalt and other materials that go into its EV battery cells anymore. As its revenue jumps exponentially, its profit is way down, prompting it to 'renegotiate' new battery prices with Tesla and other automaking clients.

https://www.notebookcheck.net/Tesla-supplier-CATL-says-it-has-to-split-the-battery-materials-price-increase-with-EV-makers-now.616781.0.html
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