The Digital Source For China's Tech Innovation Since 2000

Search
Close

Tesla looks to Africa for key battery component to reduce dependence on China MarketWatch

January 17, 2022
Source: marketwatch.com marketwatch.com
News Snapshot:
LONDON — Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite. Elon Musk’s company signed an agreement last month with Australia’s Syrah Resources, which operates one of the world’s largest graphite mines in the southern African country. It’s a unique partnership between an electric vehicle manufacturer and a producer of the mineral that is critical for lithium-ion batteries. The value of the deal hasn’t been released. Tesla TSLA, +1.75% will buy the material from the company’s processing plant...
Go To Original Source →
Tags: Africa | America | car | China | Chinese | climate change | electric vehicle | ESG | factory | human rights | London | manufacturer | manufacturing | Mozambique | Muslim | Pandemic | Religion | Shanghai | sourcing | supply chain | technology | Tesla | Texas | United Kingdom | university

Other Related News:

'TOP GUN' Loses Chinese Investor Due to Pro-U.S. Messaging…

May 28, 2022

Bitcoin retreats toward $38K after Friday sparks losses for ‘nearly everything’ outside China

May 28, 2022

Why is STEPN (GMT) Dumping? Move-to-Earn App Bans China Users

May 28, 2022

State Key Laboratory of Public Big Data in SW China put into operation-Xinhua

May 28, 2022

The bill seeks to prevent the use of the Chinese digital yuan in the United States

May 28, 2022

Impact of Chinese government crackdown on bitcoin itilome › Geeky News

May 28, 2022

Chinese Dominoes and Variations of the Draw Game

May 28, 2022

China lockdowns a big blow for display, electronics makers Nagaland Post

May 28, 2022

21,640 Shares in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Acquired by Van Leeuwen & Company LLC WKRB News

May 28, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....