According to Reuters, Tesla hopes to equip its electric cars with cheaper lithium iron phosphate batteries, allowing Chinese partners to build battery production bases near its US factories. With a series of key patents, China has a dominant position in the production of iron-based batteries, which enables China to produce 95% of the world's lithium iron phosphate batteries.

　　A few days ago, Tesla stated at an investor meeting that it plans to use lithium iron phosphate batteries in its global standard endurance models and hopes to move the battery factory closer to the vehicle assembly plant.

　　Although lithium iron phosphate batteries are cheaper and safer than nickel-based batteries, their energy density is not as good as nickel-based batteries, and the car’s range will also be affected. Nevertheless, lithium iron phosphate batteries still arouse the interest of electric car manufacturers. Reuters reported in June that Apple is in early negotiations with CATL and BYD to equip electric cars made by Apple with lithium iron phosphate batteries and hope that the two companies will build factories in the United States.

　　However, someone familiar with the matter said that due to various reasons, CATL was reluctant to build a factory in the United States. Craig Owen, an analyst at Roth Capital, said that the CATL era is more suitable for manufacturing in China because China can obtain the lowest-cost raw materials in the world. cost."

　　At present, China is the world's largest new energy vehicle market, and it is also ranked No. 1 in the global lithium-ion battery supply chain by Bloomberg NEF, an energy data and analysis company. Reuters said that China dominates the supply chain for lithium-ion battery manufacturing, including the processing of minerals and raw materials.