Apple Car: Company said to be in talks with China's CATL, BYD over Battery Supplies
Apple has not yet made public announcements about its electric vehicle plans.
Apple wants to use lithium-phosphate battery due to their cheaper construction and use of iron, rather than cobalt or nickel. The company reportedly wants any firm it partners with for a battery supply deal to agree to the construction of a US facility for the program, however, that may be a sticking point with CATL, the world's largest battery supplier. CATL also supplies Tesla locally. The company is reportedly reluctant to build a US facility amid tensions between the US and China. BYD feels a little more friendly to the current political climate. Although it's a Chinese Company, the firm currently employs a unionized workforce to build its electric buses in the US.
Apple didn't immediately return a request for comment on the reported discussions, but expect silence. The company's been very private about its potential car plans for years now. Right now, a 2024-2025 timeline for the vehicle is the beat estimate from analysts, and the Apple car could involve advanced self-driving technology the tech-giants also been hard at work on.
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