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Posted by 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