GM to import EV batteries from CATL, WSJ reports
The arrangement is a stopgap for GM as it works to manufacture its own lower-cost batteries made with lithium iron phosphate (LFP) chemistry, the report added.
Global automakers are facing stiff competition from Chinese EV makers and a trade war impacting imports of crucial parts, including rare earth materials, which has pushed production costs higher.
GM did not immediately respond to a Reuters request for a comment.
Crosstown rival Ford is also making battery cells using tech from CATL to help reduce costs on EV batteries.
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