Electric Vehicles

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Electric Vehicles are a key part of our tomorrow and how we get there. If we can get all the fossil fuel vehicles off our roads, out of our seas and out of our skies, we'll have a much better environment. This community is where we discuss the various different vehicles and news stories regarding electric transportation.

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Tesla’s 4680 battery supply chain collapses as partner writes down deal by 99% (electrek.co)

submitted 3 months ago by cyrano@piefed.social to c/electricvehicles@slrpnk.net

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[–] The_Che_Banana@beehaw.org 34 points 3 months ago* (last edited 3 months ago)

In a regulatory filing today, L&F revealed that the contract’s value has been written down to just $7,386.

No, that is not a typo. $2.9 billion to roughly $7,400.

L&F did not explicitly state the reason for the cut, citing only a “change in supply quantity,” but the dots are easy to connect. The high-nickel cathode was destined for Tesla’s 4680 cells, and the primary consumer of those cells is the Cybertruck