Apple is reportedly in talks with two companies to supply batteries for electric vehicles



Regarding Apple's long-rumored electric vehicle development, it was reported in January 2021 that it would partner with Hyundai, the largest automobile manufacturer in South Korea. We are in the process of initial negotiations on supplying batteries to electric vehicles. '

EXCLUSIVE Apple, Chinese manufacturers in talks on US car battery factory -sources | Reuters
https://www.reuters.com/world/china/exclusive-apple-talks-with-catl-byd-over-battery-supplies-its-electric-car-2021-06-08/

Apple Car news — Apple reportedly in talks with battery suppliers | Tom's Guide
https://www.tomsguide.com/news/apple-car-one-step-closer-apple-reportedly-in-talks-with-battery-suppliers

When Reuters According to the information obtained from multiple relationship sources, Apple is an electric battery manufacturer for the automobile of the world's largest ' Ningde era Shin'no source of Science and Technology (CATL)' and, 'automakers BYD Auto to' 'with a subsidiary BYD It is said that complete the consultations on the battery supply of two Chinese companies and for electric vehicles that (BYD)'.

According to sources, Apple requires 'building a battery manufacturing plant in the United States' as a condition for battery suppliers. 'We know Apple is in talks to build an advanced battery production plant in the United States,' Jared Bernstein, senior economic advisor to the White House, told Reuters. With comments, it seems certain that Apple is planning a large battery manufacturing plant in the United States.



CATL is a company that supplies batteries to major automakers, including Tesla. We are already the world's largest manufacturer of automotive batteries, but if we can acquire Apple as a large customer, we will be able to further strengthen our position as the world's largest battery manufacturer.

However, sources say CATL is worried about the US-China trade conflict and is reluctant to build a factory in the United States. It is not clear at the time of writing whether Apple is in talks with battery makers other than CATL and BYD.

Apple's own development of the car has long been rumored, but no details of its plans have been released. As a result, Apple has not commented on this report, and CATL and BYD have declined to comment.



According to previous reports, Apple is considering using cheaper iron-based lithium iron phosphate batteries as batteries for electric vehicles instead of expensive metals such as nickel and cobalt. This lithium iron phosphate battery has the two advantages of 'cutting costs' and 'extending the cruising range of automobiles', and it is said that it is a safe battery without the risk of thermal runaway, which is a problem of lithium ion batteries. There are also advantages.

It is reported that production of Apple cars will start as early as 2024.

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