China's leading battery manufacturer, CATL, is currently in discussions with Tesla and a range of other automakers in the US and Europe to potentially license its battery technology for use in the American market. This move is part of CATL's broader strategy to expand its presence in the US, as indicated by reports from The Wall Street Journal (WSJ). The talks involve around 10 to 20 automakers, highlighting CATL's ambition to become a key player in the electric vehicle (EV) battery sector outside of China. Tesla's interest in licensing CATL's technology is particularly noteworthy given the company's emphasis on proprietary battery technology as a competitive advantage.
The chairman of China’s battery-making champion CATL said the company is in talks with Tesla and other automakers to license its battery technology in the U.S. https://t.co/5HgNgMhz2t https://t.co/5HgNgMhz2t
CATL in talks with Tesla, global automakers for US licensing, WSJ reports https://t.co/uupVjbU0A5 https://t.co/KppXAhlOlr
⚠️ CATL IN TALKS WITH TESLA, GLOBAL AUTOMAKERS FOR US LICENSING, WSJ REPORTS Full Story → https://t.co/NN1jyO0t9Q Chinese electric-vehicle battery maker CATL is in talks with Tesla and other unnamed automakers to license its battery technology in the U.S. instead of building…
Tesla is in talks to license CATL battery technology because one of Tesla's "special sauces" is its "proprietary battery technology." LOL $TSLA https://t.co/gaPXhDhlgU
⚠️ CATL IS IN TALKS WITH GLOBAL AUTOMAKERS INCLUDING TESLA TO EXPAND IN U.S. MARKET -WSJ
CATL IS IN TALKS WITH GLOBAL AUTOMAKERS INCLUDING TESLA TO EXPAND IN U.S. MARKET-WSJ
$TSLA ❖ CATL in Talks With Tesla, Other Automakers to License Battery Technology in the U.S., Chairman Says -- WSJ
The chairman of China’s battery-making champion CATL said the company is in talks with Tesla and other automakers to license its battery technology in the U.S. https://t.co/Vhrknk8I9G
"CATL is in talks with around 10 to 20 other automakers in the US and Europe" LOL, but let's go for that $TSLA headline so it sounds special! https://t.co/ofW4SSRRVH