The company will build a new plant of nickel-based cathode materials in Besshi, Ehime prefecture in western Japan. It aims to boost its capacity of cathode materials to about 7,000 tonnes a month in 2025.
Tesla plans to restrict the proportion of its global production in China. This is evident as US has imposed 25% tariff on electric cars imported from China. Tesla has also put a halt on its plan to buy land in Shanghai.