CATL

Apple's negotiations with the Chinese companies CATL and BYD about supplying batteries for its rumored electric vehicle have mostly stalled, Reuters reports. According to three individuals said to have knowledge of the discussions between Apple and the Chinese firms, the talks reached an impasse when CATL and BYD refused to set up teams dedicated to Apple and manufacturing plants in the...

Apple is quietly working with Chinese battery manufacturer Contemporary Amperex Technology Limited on automotive battery research and development, according to Shanghai-based Yicai Global. The report, citing unnamed sources, claims the two companies have signed a confidentiality agreement to work together on a "scheme" related to the field of batteries, but no specific details were provided. ...