Tesla Inc (TSLA.O), a manufacturer of electric vehicles

has expressed interest in Sunrise New Energy's (EPOW.O) battery component goods.

In early trading, Sunrise shares increased as much as 11% to $1.87.

The Chinese business produces and markets graphite anode

material for lithium-ion batteries through its joint venture.

Tesla's vehicles are powered by lithium-ion batteries. 

by using massive presses with 6,000 to 9,000 tons of clamping pressure to mold.