Tesla Reveals Battery Metals Approach

Tesla released its Impact Report, which revealed details about its approach to supplying lithium, cobalt and nickel directly from their source instead of through cell suppliers. Tesla’s approach could become critical as companies fight to secure those minerals for battery production to support electric vehicle (EV) growth.

While Tesla buys the vast majority of its battery cells from suppliers, it sources a large part of the materials used to build those batteries directly from mines.

Tesla says this approach enables the company to have a direct relationship with the miners of critical minerals and helps secure supply while allows it to monitor quality closely and ensure responsible environmental and social sourcing.

The report says that the company had directly sourced over 95% of the lithium hydroxide, 50% of the cobalt, and more than 30% of the nickel used in its high-energy density cells in 2021. The rest of the supplies came from deals between the battery cell manufacturers and their own material suppliers.

The report also suggests that Tesla is aware of mining industry’s environmental and social impact, which the company believes are going to become more significant challenges for EV adoption in the future.

In response, Tesla has joined the Initiative for Responsible Mining Assurance (IRMA), and the company’s direct-sourcing approach also helps ensure the implementation of those standards.

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now


Do you need to access special insights on this matter?

Start your 7-day free trial  and become a member today


Subscribe to Top Insights Today

Subscribe to Executive Newsletter Top Insights Today

The Executive Newsletter -Top Insights Today- puts global business events in perspective through special insights

Join the ranks of global executives and subscribe to Top Insights Today

Top Insights Today covers insights on energy, clean-tech, oil&gas, mining, rare earths, defense, aviation, infrastructure, manufacturing, electrical vehicles, big-tech, finance and politics of business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Special Report-Qatar Gets in on the Rolls-Royce Led SMR Project

Qatar Investment Authority (QIA) said it would join Rolls-Royce in the British government backed project for developing small nuclear power plants. QIA will invest 85 million pounds for a 10% stake in the project, joining Rolls-Royce, BNF Resources UK and Exelon Generation. 

Italy, Spain Explore the Construction of an Offshore Gas Pipeline

Italian gas group Snam and Spain’s Enagas made a deal to study the construction of an offshore pipeline between the two countries, as Europe ramps up efforts to diversify its energy supply mix and phase out Russian gas.

Chinese Refiners Reluctant to Buy Russian Oil

China’s independent refineries have become reluctant to import Russian crude following the West’s sanctions on Moscow due to the escalating war in Ukraine. Refiners have faced difficulties getting letters of credit from banks for Russian imports, forcing them to turn to alternative suppliers. 

Stay informed

error: This content is protected !!