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Tesla to Buy Batteries from LG Chem: report

Tesla to Buy Batteries from LG Chem: report

Enterprise & IT Aug 23,2019 0

Tesla has agreed to buy batteries from South Korea’s LG Chem for electric vehicles manufactured in China, Bloomberg reported on Friday citing people familiar with the matter.

The batteries made by the South Korean chemical company will be initially used in Model 3 cars that are manufactured in the plant near Shanghai, the report said.

Tesla did not provide any comment.

Tags: teslaelectric vehicle batteriesLG Chem
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