CATL announced that it will cooperate with Tesla

There have been rumors about the cooperation between CATL and Tesla. Recently, CATL finally released an announcement, announcing that it will cooperate with Tesla.

In terms of details, since Tesla’s current main vehicle model is Model 3, which uses power batteries from Panasonic and LG, it is believed that CATL’s batteries will be used first on Tesla Model 3.

Public data shows that CATL has in-depth cooperation with first-tier automakers such as BMW Brilliance and Toyota, and it is also one of the world's leading lithium-ion power battery manufacturers. According to the financial report, CATL's installed capacity in 2019 was 32.GWh, a year-on-year increase of 37%.

The reason why Tesla cooperates with CATL is probably because Tesla has already built a factory in China. In other words, it has achieved "localization". As it cooperates with Chinese battery companies, the price of Model 3 will probably drop further.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.