CATL, the world’s largest battery supplier for electric vehicles and one of Tesla’s critical suppliers, had an important fire

CATL said there were no casualties in the incident, which occurred in the city of Ningde at noon on Sunday and was still under investigation, in a reply to Reuters. "The product volume affected is relatively small, and the impact to CATL's overall production operation is relatively small," the company said.

A FIRE broke out on Sunday at a factory belonging to Chinese battery giant CATL, which supplies electric vehicle makers including Tesla, but only a “relatively small” impact on operations is expected,

CATL produces more than a third of the electric vehicle batteries sold worldwide by automakers, including Mercedes-Benz, BMW, Volkswagen, Toyota, Honda, and Hyundai.

China's CATL said a small number of products were affected by a fire at its battery factory and the impact on overall production and operations will be small, in comments posted on a Shenzhen Stock Exchange platform.

China’s Contemporary Amperex Technology Co. Ltd. (CATL) announced that a fire at its battery factory in Fujian province has caused limited disruption to production, with a relatively small number of products affected.