GM Could Use Chinese Battery Cells Built In The US By Japanese Brand
GM might use TDK’s new US plant to produce batteries with CATL technology. TDK’s facility could create over 1,000 jobs and help GM avoid equity investment. The outcome of November’s election may impact GM’s battery plan. GM is exploring the possibility of sourcing electric vehicle batteries utilizing technology from China’s Contemporary Amperex Technology Co, more commonly known as CATL, the world’s largest EV battery producer . However, rather than manufacturing these batteries in China, they could be produced at a new site in the US, potentially mitigating geopolitical risks and enhancing local production capabilities. According to unnamed sources, GM might secure these batteries from a factory operated by Japanese firm TDK Corp. This facility could be established in the southern US, promising the creation of over 1,000 new jobs and bolstering local economies. Read: GM And Hyundai Want To Make Cars Together Bloomberg reports that TDK would license CATL’s technology t