SHANGHAI/HONG KONG/WASHINGTON (Reuters) – Apple Inc is in early-stage talks with China’s CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.
The discussions are subject to change and it is not clear if agreements with either CATL or BYD will be reached, said the people, who declined to be named as the discussions are private.
Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources.
A senior official in U.S. President Joe Biden’s administration confirmed that condition on Tuesday.
