Media

2019 Ni Price

Tesla: Battery Supply And Demand At China Gigafactory 3

Summary

  • Tesla plans to manufacture 150,000 EVs in China at its Gigafactory 3.
  • A check on Tesla's battery supplier LG Chemical shows a capacity sufficient to meet the demand through 2020 for Tesla production.
  • As LG Chemical and other battery companies move to higher energy density nickel-rich NCM 811 batteries, nickel demand will raise battery prices more than 10% in 2020.

Full Story: https://seekingalpha-com.cdn.ampproject.org/c/s/seekingalpha.com/amp/article/4301424-tesla-battery-supply-demand-china-gigafactory-3