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Report: Apple Car battery talks with Chinese suppliers on pause, shift to Panasonic

News Snapshot:

This past summer we learned that Apple was in talks with China’s CATL and BYD to supply battery packs for its electric vehicle. But now it appears the negotiations have stalled as Apple allegedly wants the batteries to be made in the US as well as an exclusive manufacturing operation. We heard over the summer from both Reuters and Digitimes that Apple was looking to have CATL and/or BYD set up manufacturing for batteries in the US. Now in a new report from https://www.reuters.com/business/autos-transportation/exclusive-apples-talks-with-chinese-battery-makers-catl-byd-mostly-stalled-2021-10-22/ , sources say that along with the made in US requirement, Apple was demanding that CATL…

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