GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports

TDK

12/09/2024 16:29

Sept 12 (Reuters) - General Motors  GM.N  is in talks to
buy electric vehicle batteries relying on technology from
China's CATL  300750.SZ , assembled at a new plant to be built
in the US, Bloomberg News reported on Thursday, citing people
familiar with the matter. 
    The factory would be funded and operated by Japanese
consumer electronic firm TDK Corp  6762.T , the report added. 

 (Reporting by Nathan Gomes in Bengaluru; Editing by Shailesh
Kuber)
 ((Nathan.Gomes@thomsonreuters.com;))