Tesla reaches five-year lithium deal with Chinese supplier

Musk in China — Tesla CEO Elon Musk poses with Tesla China-made Model 3 vehicle owners onstage during a delivery event at its Shanghai factory in early 2020. (ALY SONG\/REUTERS/REUTERS)

By:

Reuters

December 29, 2020 01:02 PM

China's Sichuan Yahua Industrial Group Co. said on Tuesday it had signed a deal to supply battery-grade lithium hydroxide to Tesla Inc. for the next five years.

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