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Tesla Signs Deal with Interesting New Battery Technology Company

21 Feb 2023 | Abstracted from Electrek

"The company is developing a graphite mine in Tanzania where it plans to get 'ultra-high purity natural flake graphite' from the operation.

"..the interesting part here is that Tesla is not just buying the graphite from Magnis. It plans to buy processed anode material (AAM) based on the graphite, and the deal involved Magnis building a US facility to produce the AAM...Tesla as the automaker is looking to secure a large number of battery cells in order to support its plan to build 20 million electric vehicles per year by 2030."



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