Yahua<\/a> estimated between $630-880 million (per Reuters).<\/strong><\/p>\nPrior to this deal, Tesla was receiving the lithium (an important material used in the production of EV car batteries) from Gangfeng Lithium, but it appears like they are looking to expand their options with this new contract.<\/p>\n
The demand is present with Tesla beginning production on the Model Y; an EV crossover the brand expects to sell well in China. The massive factory that Tesla recently opened – located in Shanghai – will need as many batteries as possible as the Model Y is expecting 30,000 unit per month production numbers.<\/strong><\/p>\nYahua is making big moves of its own with the recent opening of a large lithium hydroxide plant capable of producing 20,000 tonnes of lithium hydroxide annually meaning this will hopefully be the start of a fruitful relationship between the two corporations.<\/p>\n","protected":false},"excerpt":{"rendered":"
Got Lithium? Tesla just agreed to a five-year deal with Chinese lithium supplier Yahua estimated between $630-880 million (per Reuters). Prior to this deal, Tesla was receiving the lithium (an important material used in the production of EV car batteries) from Gangfeng Lithium, but it appears like they are looking to expand their options with this new contract. The demand is present with Tesla beginning production on the Model Y; an EV crossover the brand expects to sell well in […]<\/p>\n","protected":false},"author":39,"featured_media":392559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[255,1665],"tags":[429,1053],"class_list":["post-392293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-tesla","tag-news","tag-tesla"],"yoast_head":"\n
Tesla and Yahua Join Forces In 5-Year Lithium Deal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla and Yahua Join Forces In 5-Year Lithium Deal\" \/>\n<meta property=\"og:description\" content=\"Got Lithium? Tesla just agreed to a five-year deal with Chinese lithium supplier Yahua estimated between $630-880 million (per Reuters). Prior to this deal, Tesla was receiving the lithium (an important material used in the production of EV car batteries) from Gangfeng Lithium, but it appears like they are looking to expand their options with this new contract. The demand is present with Tesla beginning production on the Model Y; an EV crossover the brand expects to sell well in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Supercars.net\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Supercars.net\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-29T18:32:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-13T15:18:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/tesla-outgrowing-headquarters-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chase Hadden\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:site\" content=\"@supercars_net\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chase Hadden\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/\"},\"author\":{\"name\":\"Chase Hadden\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/433ea0ec532f91f20b76dc57c31748cf\"},\"headline\":\"Tesla and Yahua Join Forces In 5-Year Lithium Deal\",\"datePublished\":\"2020-12-29T18:32:54+00:00\",\"dateModified\":\"2024-04-13T15:18:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/\"},\"wordCount\":161,\"image\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/tesla-outgrowing-headquarters-1.jpg\",\"keywords\":[\"Car News\",\"Tesla\"],\"articleSection\":[\"News\",\"Tesla\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/\",\"name\":\"Tesla and Yahua Join Forces In 5-Year Lithium Deal\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/tesla-outgrowing-headquarters-1.jpg\",\"datePublished\":\"2020-12-29T18:32:54+00:00\",\"dateModified\":\"2024-04-13T15:18:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/433ea0ec532f91f20b76dc57c31748cf\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/tesla-outgrowing-headquarters-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/tesla-outgrowing-headquarters-1.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tesla and Yahua Join Forces In 5-Year Lithium Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/\",\"name\":\"Supercars.net\",\"description\":\"Exotic and Supercar news, information, pictures and videos\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/#\\\/schema\\\/person\\\/433ea0ec532f91f20b76dc57c31748cf\",\"name\":\"Chase Hadden\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/CHA_4103-1-293x293.jpg\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/CHA_4103-1-293x293.jpg\",\"contentUrl\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/CHA_4103-1-293x293.jpg\",\"caption\":\"Chase Hadden\"},\"description\":\"Chase was put on earth to collect hobbies. From competitive yo-yoing to riding on one wheel; he has ventured far into the land of diminishing returns and lives his life by the \\\"10,000 hour rule\\\". If it has mechanical parts and an unlimited ceiling for skill development you can count him in. Major Formula 1 nerd. Probably smells like diesel.\",\"url\":\"https:\\\/\\\/www.supercars.net\\\/blog\\\/author\\\/chasea07online-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tesla and Yahua Join Forces In 5-Year Lithium Deal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/","og_locale":"en_US","og_type":"article","og_title":"Tesla and Yahua Join Forces In 5-Year Lithium Deal","og_description":"Got Lithium? Tesla just agreed to a five-year deal with Chinese lithium supplier Yahua estimated between $630-880 million (per Reuters). Prior to this deal, Tesla was receiving the lithium (an important material used in the production of EV car batteries) from Gangfeng Lithium, but it appears like they are looking to expand their options with this new contract. The demand is present with Tesla beginning production on the Model Y; an EV crossover the brand expects to sell well in […]","og_url":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/","og_site_name":"Supercars.net","article_publisher":"https:\/\/www.facebook.com\/Supercars.net\/","article_published_time":"2020-12-29T18:32:54+00:00","article_modified_time":"2024-04-13T15:18:07+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/tesla-outgrowing-headquarters-1.jpg","type":"image\/jpeg"}],"author":"Chase Hadden","twitter_card":"summary_large_image","twitter_creator":"@supercars_net","twitter_site":"@supercars_net","twitter_misc":{"Written by":"Chase Hadden","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/#article","isPartOf":{"@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/"},"author":{"name":"Chase Hadden","@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/433ea0ec532f91f20b76dc57c31748cf"},"headline":"Tesla and Yahua Join Forces In 5-Year Lithium Deal","datePublished":"2020-12-29T18:32:54+00:00","dateModified":"2024-04-13T15:18:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/"},"wordCount":161,"image":{"@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/tesla-outgrowing-headquarters-1.jpg","keywords":["Car News","Tesla"],"articleSection":["News","Tesla"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/","url":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/","name":"Tesla and Yahua Join Forces In 5-Year Lithium Deal","isPartOf":{"@id":"https:\/\/www.supercars.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/#primaryimage"},"image":{"@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/tesla-outgrowing-headquarters-1.jpg","datePublished":"2020-12-29T18:32:54+00:00","dateModified":"2024-04-13T15:18:07+00:00","author":{"@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/433ea0ec532f91f20b76dc57c31748cf"},"breadcrumb":{"@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/#primaryimage","url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/tesla-outgrowing-headquarters-1.jpg","contentUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/tesla-outgrowing-headquarters-1.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/www.supercars.net\/blog\/tesla-and-yahua-join-forces-in-5-year-lithium-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.supercars.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Tesla and Yahua Join Forces In 5-Year Lithium Deal"}]},{"@type":"WebSite","@id":"https:\/\/www.supercars.net\/blog\/#website","url":"https:\/\/www.supercars.net\/blog\/","name":"Supercars.net","description":"Exotic and Supercar news, information, pictures and videos","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.supercars.net\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.supercars.net\/blog\/#\/schema\/person\/433ea0ec532f91f20b76dc57c31748cf","name":"Chase Hadden","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/CHA_4103-1-293x293.jpg","url":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/CHA_4103-1-293x293.jpg","contentUrl":"https:\/\/www.supercars.net\/blog\/wp-content\/uploads\/2020\/12\/CHA_4103-1-293x293.jpg","caption":"Chase Hadden"},"description":"Chase was put on earth to collect hobbies. From competitive yo-yoing to riding on one wheel; he has ventured far into the land of diminishing returns and lives his life by the \"10,000 hour rule\". If it has mechanical parts and an unlimited ceiling for skill development you can count him in. Major Formula 1 nerd. Probably smells like diesel.","url":"https:\/\/www.supercars.net\/blog\/author\/chasea07online-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts\/392293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/comments?post=392293"}],"version-history":[{"count":0,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/posts\/392293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/media\/392559"}],"wp:attachment":[{"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/media?parent=392293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/categories?post=392293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.supercars.net\/blog\/wp-json\/wp\/v2\/tags?post=392293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}