he electric-vehicle maker’s report issued Friday is the most comprehensive view Tesla has given of its metals-supplier relationships, a topic of increased interest as global auto industry demand for EV batteries has exceeded supplies. Unlike most other major carmakers, Tesla has sought to manufacture its own battery cells and buy raw materials directly from metals producers.
Tesla listed Vale as a direct supplier of nickel for batteries, sourcing the metal from an integrated mine and refining site in Canada, which Bloomberg Newsin March. The report also detailed agreements with producers such as Albemarle Corp., Livent Corp. and China’s Sichuan Yahua Industrial Group Co. for supplies of lithium.
As the EV market leader’s battery supply chain continues to scale, Tesla expects the proportion of directly sourced minerals to grow. It already has deals with nine mining and chemicals companies to supply more than 95% of its lithium, greater than half its cobalt and over a third of its nickel, according to the report.
The 144-page annual filing covers the Austin, Texas-based company’s environmental impact, supply chain, recycling and diversity and inclusion efforts. Tesla confirmed its health insurance policies included travel and lodging for employees who had to seek health-care services out of state. That has become increasingly relevant because Texas has made it
Did our Environmentalists miss this development 😂😂 thiathumanenzhe CheetahPlains