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Home Science & Technology Startup Nation Tech Bits

Apple talking to China's CATL, BYD about supplying EV batteries

by  Reuters and ILH Staff
Published on  06-08-2021 15:01
Last modified: 07-28-2022 09:52
Apple talking to China's CATL, BYD about supplying EV batteriesReuters

An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City | File photo: Reuters

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Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.

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The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people who declined to be named as the discussions are private.

Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.

CATL, which supplies major car makers including Tesla Inc , is reluctant to build a US factory due to political tensions between Washington and Beijing as well as cost concerns, the two people said.

It was not immediately clear if Apple is also talking to other battery makers.

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