Business Desk 
Dec 27, 2024
Tesla is expected to have a partnership with Eve Energy, a Chinese battery cell manufacturer, for a battery cell supply. For years, Tesla has been increasing the percentage of its electric vehicles powered by LFP battery cells.
Tesla has been buying LFP battery cells from China’s CATL and BYD.
According to CNEV, Eve Energy and Tesla have signed an agreement for Tesla to get cells from a Malaysian factory starting in 2026.
“Eve Energy has reached a supply agreement with Tesla for energy storage batteries, and its Malaysian factory is expected to start supplying energy storage batteries to Tesla US in 2026," according to a report in Chinese media outlet LatePost.
Notably, Tesla only had Panasonic as its battery cell supplier. The automaker pioneered using cylindrical li-ion cells in electric vehicles. Before Tesla, they were primarily used in personal electronics, like laptops.
Over the last few years, Tesla has greatly increased its battery cell suppliers, adding contracts with CATL, LG, BYD, Samsung, and now apparently Eve Energy.
