Apple Has Engaged China's CATL, BYD About EV Battery Supplies, Reuters Reports
June 08 2021 - 03:20AM
Dow Jones News
--Apple Inc. has engaged China's Contemporary Amperex Technology
Co. and BYD Co. about supplying batteries for its electric-vehicle
venture, Reuters reports, citing unnamed sources.
--Apple has made it a condition for potential battery suppliers
to build manufacturing facilities in the U.S., but CATL is
reluctant to do so given U.S.-China tensions and cost concerns,
according to the report.
Full story: https://reut.rs/2RvHNPC
Write to Singapore editors at singaporeeditors@dowjones.com
(END) Dow Jones Newswires
June 08, 2021 03:05 ET (07:05 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Feb 2024 to Mar 2024
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Mar 2023 to Mar 2024