Tesla says it has not signed a deal with Tianjin Lishen over batteries
Earlier on Tuesday, Reuters reported that Tesla and Lishen had signed a preliminary agreement and were working on the details
Beijing — Tesla said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm. Earlier on Tuesday, Reuters reported, citing two sources with direct knowledge of the matter, that Tesla and Lishen had signed a preliminary agreement and were working on the details. The companies had yet to reach a decision on how large an order the US electric car company would place, and Lishen was still working out what battery cell size Tesla would require, one of the sources said. The source later reiterated that a preliminary agreement was signed. The second source said that the certification process for suppliers usually took a long time to be finalised. The sources declined to be identified because the discussions are private. "Tesla previously received quotes from Lishen, but did not proceed further. We have not signed any agreement of any kind with them," a Tesla spokesperson said....
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