Home » today » Business » China’s battery recycling plant exploded, the parent company’s major shareholder supplying Tesla batteries to Tesla is unknown whether it will have an impact-Hong Kongunwire.hk

China’s battery recycling plant exploded, the parent company’s major shareholder supplying Tesla batteries to Tesla is unknown whether it will have an impact-Hong Kongunwire.hk

In recent years, both electronic products and electric vehicles have been rapidly popularized in China, and the battery industry behind them is also booming. A big explosion occurred in a waste battery recycling factory in Changsha, China. The majority shareholder of the factory’s parent company is the Ningde era, which supplies batteries to Tesla.

The accident occurred on the night of January 7. The plant was owned by Guangdong Bangpu Recycling Technology Co., Ltd., which was mainly engaged in the recycling of lithium batteries and the production of advanced battery materials. Its largest shareholder is Ningde Times New Energy Technology Co., Ltd., which is the company that provides batteries for Tesla. The accident caused a total of 1 death and 6 serious injuries, and the exploded mushroom cloud also shocked residents.

After the incident, many people were wondering whether Tesla’s battery supply in China would be affected as a result. Ningde Times responded that the plant involved was for battery recycling and not a facility for the production of Tesla batteries, but Tesla did not respond.

source:Liberty Times

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