

Apple Car hits another snag, this time with batteries
source link: https://www.slashgear.com/apple-car-hits-another-snag-this-time-with-batteries-23696325/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

Apple Car hits another snag, this time with batteries

The Apple Car project has been on-again, off-again for the last several years. Most people who followed the project when it was first revealed thought the project was dead. However, a rumor surfaced that Apple is moving forward with the project and that it was in talks with battery manufacturers.
Battery manufacturers specifically named in alleged talks with Apple were CATL and BYD, both based in China. According to the report, the project has stalled again. This time, it was Apple’s demand for certain concessions to sign a deal allowing the companies to supply batteries for its project that have brought the project to a stop. Sources claiming to be familiar with the project say Apple wanted one of the battery manufacturers to build a US team and battery production plant in the US before it would sign any deal.
According to the sources, both battery manufacturers declined to meet Apple’s demand. CATL reportedly decided not to hire US teams or build a factory in the states based on tensions between the US and China. BYD on the other hand, was allegedly uncomfortable building a complete factory only for Apple’s use.
It’s certainly easy to understand the reservations of a battery manufacturer against building a factory and hiring a team of workers with investment likely of millions of dollars solely from one customer. However, there is a massive demand for batteries for electric vehicles, and it would seem a demand would be there from other automakers if Apple’s plans changed.
Rumors suggest that with Chinese options having dried up, Apple is approaching Japanese battery manufacturers. As for which Japanese company Apple is talking to, that is a mystery for now. Batteries continue to be one of the biggest bottlenecks facing automakers looking to get heavily into the electric vehicle market.
Recommend
-
9
Time is running out to snag these deals before the holidays You’ll get the savings now, even if the gifts don’t arrive on time If you buy something...
-
11
Google is still selling off the last Google Home Max units, despite announcing that the retired smart speakers were out of stock. ...
-
7
Snag this beloved language app at its lowest price yet
-
5
4 Must-Haves to Help You Snag an Innovative Source of Funding Why a by-the-book approach is crucial to obtaining this dynamic source of funding -- one that gives foreign investors permanent U.S. residency....
-
11
Snag the Google Pixel 6 Pro at its lowest ever price By Rajesh Pandey Published 9 hours ago Get Google’s...
-
5
AdvertisementStorageSnag 94% Off This Koofr Cloud Storage: Lifetime Subscription (1TB) And Push off That Digital Cleanup...
-
5
AdvertisementSmart HomeSnag $100 off the eufyCam 2 Wireless Home Security Camera and Keep a Watchful Eye on Your Home...
-
9
Google Pixel 6a Goes Up For Pre-Order: How To Snag One
-
5
Matt JancerGearNov 12, 2022 7:00 AM
-
9
ESA announced Friday that the radar dish on its Jupiter Icey Moon Explorer (JUICE) mission isn’t deploying as fas...
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK