2019 Ni Price

Tesla: Battery Supply And Demand At China Gigafactory 3


  • 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.

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