The scale of cooperation and details about what technology
Tesla would license from CATL are still being discussed and will depend on the
EV maker's cash flow, the report said, citing an interview with CATL Chairman
Robin Zeng.
The Chinese company's existing partnership with Ford Motor
will be the model for similar cooperation with other U.S. carmakers, the report
added.
Ford said in November it would scale back the investment for
its Michigan battery plant to produce low-cost lithium-iron batteries based on
technology licensed by CATL following pushback from U.S. lawmakers.
The WSJ report on CATL comes amid a global slowdown in EV
demand and as U.S. lawmakers tighten their grip over the battery industry to
prevent China-produced minerals or Chinese battery companies from winning
electric vehicle tax credits.
Ford, CATL and Tesla did not immediately respond to Reuters
requests for comment.
CATL is also working on faster charging batteries for Tesla
and supplying machinery to the Elon Musk-led company's factory in Nevada,
according to an interview Bloomberg News had with Zeng.
Zeng had told reporters earlier this month that the company
was in discussions to set up research and development centers in Hong Kong to
create new technologies that can be licensed abroad as domestic EV demand
weakens.
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