Market Chatter: CATL to Sell EV Battery Packs to GM, Source Says

MT Newswires Live

Aug 08

Contemporary Amperex Technology (SHE:300750, HKG:3750) is set to supply electric vehicle batteries to General Motors, Reuters reported Friday, citing a source familiar with the matter.

The arrangement is a temporary measure for GM as the car manufacturer plans to manufacture its own batteries using lithium iron phosphate or LFP chemistry, the report said, citing the source.

The Detroit-based manufacturer said its Chevrolet Bolt will use LFP technology, which GM will bring to the US in 2027, according to the news agency.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0224","symbol_name":"电气机械","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2557544973","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557544973","pubTimestamp":1754644011,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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