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Tesla’s battery supplier CATL plans to open a factory in Shanghai

Tesla’s battery supplier CATL plans to open a factory in Shanghai

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The Chinese company CATL, which specialises in the manufacture of car batteries, is considering opening a major factory in Shanghai.

 

CATL, which supplies batteries to the automotive giant Tesla, will be able to consolidate its position as world leader in this sector through this expansion project.

 

More and more car manufacturers are planning to switch to electric vehicles in the next few years due to the introduction of numerous environmental standards. Battery manufacturers are therefore forced to increase their production capacity in order to respond to the growing demand.

 

 

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Featured photo : © CATL

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