The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Tesla inks concur to get the vital battery ingredient outside of China

News Snapshot:

Tesla is turning to Mozambique for a critical element in its electrical motor vehicle batteries in what analysts consider to be a one particular-of-a-variety deal developed to minimize its reliance on China for graphite. Elon Musk’s firm signed a offer previous thirty day period with Australia’s Syrah Sources, which operates just one of the world’s premier graphite mines in the southern African nation. It is a one of a kind partnership among an electrical auto maker and a producer of the crucial mineral for lithium-ion batteries. The price of the deal has not been unveiled. Tesla will invest in the…

Other China Tech Buzz: