--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 Click Here for more Apple Charts.
Apple (NASDAQ:AAPL)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Apple Charts.