Tesla primarily sources lithium for its battery production from key suppliers, including Chinese top lithium producer Ganfeng Lithium.
Key Lithium Supplier: Ganfeng Lithium
Tesla has established significant partnerships to secure its lithium supply, a critical component for electric vehicle batteries. One prominent supplier is Ganfeng Lithium.
Details of their arrangement include:
- Deal Commencement: At the end of 2021, Tesla finalized a three-year lithium supply agreement with Ganfeng Lithium.
- Supply Period: The Chinese company began providing lithium products to Tesla in 2022.
- Duration: This specific agreement is set to span three years from its start date.
This partnership highlights Tesla's strategy to secure long-term access to essential raw materials, collaborating with leading global producers to meet the increasing demand for its electric vehicles.