Tesla has delayed the launch of its futuristic and long-awaited Cybertruck due to some production problems. In an attempt to reduce costs, Tesla is now cooperating with Asian partners, looking for cheaper yet more powerful batteries. So, the electric vehicle maker has reportedly sought cooperation with China’s Ningbo Ronbay New Energy and Suzhou Dongshan Precision Manufacturing to trim material costs. If the automaker solves the production issue, then Elon Musk’s dream of building 20 million cars by 2030 will finally come true. In addition to this, Tesla has signed a deal with Korea’s L&F Co that will supply it with high-nickel cathodes. Besides, Korea’s LG Energy Solution and Japan’s Panasonic agreed to supply battery cells for Tesla’s Cybertruck. A shortage of batteries could stall the manufacturing process, Musk warned investors in early March. The new battery plays a key role in the launch of the stainless-steel Cybertruck, the company’s first new model in more than three years. Tesla has considered three battery options: smaller 2170 cells that are widely used in other Tesla models, 4680 cells, and less expensive lithium iron phosphate cells. The Tesla-designed 4680 battery cell is crucial to future production plans. Tesla intends to produce versions of this battery in Texas, California, Nevada, and Berlin for use in such models as Model Y and Cybertruck.
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