Reuters content is the intellectual property of Reuters Limited. Any copying, republication or redistribution of Reuters content, including by chaching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, the Reuters Logo and the Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site -- http://www.reuters.com.
China's top electric vehicle battery maker signed an agreement to supply Tesla Inc. with EV batteries starting in July. Tesla will determine the number of batteries to be supplied between July 2020 and June 2022, CATL said in a stock exchange filing, adding the agreement does not impose restrictions on Tesla orders.
Toyota Motor Corp. agreed to partner with Contemporary Amperex Technology Co. to develop and supply batteries for new-energy vehicles. The Japanese automaker said the companies had also started talks covering a range of areas including new technology development and the reuse and recycling of batteries.