Sumitomo Chemical to boost output of lithium-ion battery materials for Tesla – report
To invest USD48 million
Japan's Sumitomo Chemical will increase domestic production of materials used in lithium-ion batteries for US electric vehicle (EV) manufacturer Tesla Motors amid brisk sales of the new Model S in the United States, Europe, and Asia, reports financial daily the Nikkei.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
