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Ningbo Ronbay Stock Up 70% In 5 Days After Possible Tesla Battery Deal

Ningbo Ronbay New Energy Technology Co., Ltd. is a China-based company principally involved in the research, development, manufacturing and sales of cathode materials and precursors for lithium batteries.

The Company’s main products include NCM523, NCM622, NCM811 and NCA series of ternary cathode materials and their precursors. The Company distributes its products in domestic market and to overseas markets.

According to this Twitter user, Ningbo and Tesla have agreed on product supply and standards.

We will bring you more on this news once it has been confirmed!.

Checkout the price action of Ningbo Ronbay New Energy Technology Co. stop below. The Stock has almost doubled within five trading days. Up about 70%.

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