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Tesla Supplier CATL Weighs Sites for $5 Billion Battery Plant

  • Chinese battery maker considering Mexico, U.S., Canada sites
  • Plant to have 80 gwh annual capacity, supply multiple firms
A display by CATL at World Intelligent Connected Vehicles Conference in Beijing.

A display by CATL at World Intelligent Connected Vehicles Conference in Beijing.

Photo by VCG/Getty Images

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China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering sites across North America for a massive $5 billion plant to supply customers including Tesla Inc.

The company aims to build a factory capable of producing as much as 80 gigawatt-hours of batteries a year, according to people familiar with the matter. The facility would eventually employ as many as 10,000 workers, said the people, who asked not to be named discussing private information.