Tesla reportedly in talks with China’s EVE as it eyes battery deal

Tesla is reportedly in talks with China’s EVE Energy Co., maker of lithium iron phosphate (LFP) batteries, as it seeks to add the firm to its Shanghai factory supply chain, according to Reuters. The news agency said “The talks are advanced and the Palo Alto, California-based company is seeking to finalize the partnership in the third quarter, said two of the people.” It adds that all sources declined to be identified, since the discussions are private. (Source: Reuters) Read the original article.

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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