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Benzinga
Benzinga
Technology
Rachit Vats

Tesla Supplier CATL Becomes First Non-Korean Firm To Ship EV Batteries To Kia

Tesla Inc (NASDAQ:TSLA) China supplier CATL has shipped electric vehicle batteries to South Korea’s Kia Corp, a subsidiary of Hyundai Motor Company, Reuters reported on Thursday, citing the companies.

The move marks the first instance when Kia is using a non-Korean battery supplier for electric vehicles. Kia is securing batteries from CATL for Niro, an electric crossover SUV.

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