UPDATE 1-Tesla in advanced talks with LG Chem on battery supply in China-source

U.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea’s LG Chem Ltd to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said. The move represents a push by Tesla to diversify sources of the key component for its electric vehicles. Japan’s Panasonic Corp is currently Tesla’s exclusive battery cell supplier for new cars.

source https://finance.yahoo.com/news/1-tesla-advanced-talks-lg-085645267.html?.tsrc=rss

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