CATL is considering building a $5 billion plant in North America to meet increased demand for EV batteries from Tesla and other clients, Bloomberg reported on March 19, citing people familiar with the matter. Aiming to employ as many as 10,000 workers, the new plant hopes to produce 80 gigawatt-hours (GWh) of battery power per year at full capacity, more than half of the company’s current capacity, according to the report. The Chinese EV battery giant is currently weighing several locations in Mexico, US, and Canada. [Bloomberg]