Part 4/8:
Tesla's Battery Supply and Manufacturing Developments
In the realm of battery supply, Tesla is reportedly close to a new agreement with the Chinese company EV Energy to provide storage batteries by 2026, further diversifying its battery supplier pool. The factory's expected opening in Malaysia highlights Tesla's increasing emphasis on global production capabilities, crucial for scaling up energy storage solutions.
Meanwhile, reports indicate that Tesla’s Mega Pack factory in China is nearing completion, with production slated to commence next year. The rapid construction of this facility emphasizes Tesla's unique manufacturing efficiencies, setting them apart in the EV market where time equals money.