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Tesla signs battery material deal with China’s Ganfeng Lithium

Mon, 09/24/2018 - 11:54 -- John Shepherd
Ganfeng Lithium

China's largest lithium compounds producer, Jiangxi Ganfeng Lithium, has signed a deal to supply a fifth of its production to Tesla.

Under the terms of the agreement, Tesla will designate its battery suppliers to buy lithium-hydroxide products from Ganfeng, according to a Shenzhen exchange filing on 21 September.

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Chinese firm joins Nissan battery buyout deal

Wed, 08/30/2017 - 10:20 -- News Editor
Chinese firm joins Nissan battery buyout deal

A Chinese lithium battery manufacturer is chipping in up to $100 million to join the takeover of Nissan’s battery business by Chinese private equity firm GSR Capital Advisors.

Zhejiang Unifull Industrial Fibre said in a stock exchange filing it had signed a framework agreement with GSR Capital to become a partner in funding the Nissan deal, which Nissan confirmed earlier this month.

 

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