Tesla wins China approval to build Model 3 vehicles with LFP batteries: Ministry
Tesla has received government approval to build Model 3 vehicles in China equipped with LFP batteries
BEIJING - Tesla Inc has received government approval to build Model 3 vehicles in China equipped with lithium iron phosphate (LFP) batteries, a document on Ministry of Industry and Information Technology website showed.
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Reuters exclusively reported in February that Tesla was in advanced talks to use LFP batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its plant in China.
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The document does not provide the name of the battery maker. Tesla did not immediately respond to a request for comment.