Tesla looking to get batteries from CATL to power its Model 3 cars: Report

Elon Musk-led Tesla Inc is reportedly gearing up to incorporate Chinese battery into its Model 3 cars. According to Bloomberg the E-Car manufacturing giant Tesla is in talks with Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) for rechargeable batteries that can power its Model 3 cars.

The publication citing sources familiar with the matter reports that Tesla official are in discussions with CATL on specifications of the batteries needed for the car. However , the publications notes that there is no guarantee if the organization reach on agreement.

Reuters reports that Tesla has signed a preliminary agreement with China’s Tianjin Lishen in January to supply batteries for its new Shanghai car factory.

Tesla recently unveiled V3 Supercharging, the next step in the growth of Tesla’s Supercharger network. The company in statement said that V3 is born from its experience of building world’s largest grid-connected batteries, enables its vehicles to charge faster than any other electric vehicle on the market.

Tesla has over 12,000 Superchargers across North America, Europe, and Asia, more than 99% of the U.S. population is covered by the network, and the company anticipate similar coverage in Europe by the end of 2019. Recently, Tesla passed 90% population coverage in China and are growing that number quickly. In order to drive continued electric vehicle adoption and further accelerate the world’s transition to sustainable energy the company has introduced V3 Supercharging.

The company in a statement said that V3 is a completely new architecture for Supercharging. A new 1MW power cabinet with a similar design to our utility-scale products supports peak rates of up to 250kW per car. At this rate, a Model 3 Long Range operating at peak efficiency can recover up to 75 miles of charge in 5 minutes and charge at rates of up to 1,000 miles per hour. According to Tesla V3 Supercharging will ultimately cut the amount of time customers spend charging by an average of 50%, as modeled on our fleet data.

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