financetom
Business
financetom
/
Business
/
GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GM in talks to buy Chinese EV batteries built in the US, Bloomberg News reports
Sep 13, 2024 12:37 PM

(Reuters) - General Motors ( GM ) is in talks to buy electric vehicle batteries relying on technology from China's CATL, assembled at a new plant to be built in the US, Bloomberg News reported on Thursday, citing people familiar with the matter.

The factory would be funded and operated by Japanese consumer electronic firm TDK Corp ( TTDKF ), the report added.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Chocolate prices set to remain high this Halloween in the US, report says
Chocolate prices set to remain high this Halloween in the US, report says
Oct 9, 2025
NEW YORK (Reuters) -U.S. chocolate consumers will face elevated chocolate prices this coming Halloween period as cocoa costs have more than doubled since early 2024, according to a report released on Thursday by Wells Fargo's Agri-Food Institute. While wholesale cocoa prices have eased from late 2024 peaks, manufacturers are still passing on to consumers their increased costs. Companies are also...
Equifax Likely to Post In-line Q3 Financial Results, RBC Capital Markets Says
Equifax Likely to Post In-line Q3 Financial Results, RBC Capital Markets Says
Oct 9, 2025
02:59 PM EDT, 10/09/2025 (MT Newswires) -- Equifax ( EFX ) is likely to post in-line results in Q3 with a potential upside from better-than-expected mortgage inquiries, RBC Capital Markets said in a Wednesday research report. RBC models Q3 revenue of nearly $1.52 billion and EPS of $1.92. Growth in Talent services in Q3 is expected to be in line...
Nasdaq Poised to Post 'Solid' Q3 Beat, RBC Capital Says
Nasdaq Poised to Post 'Solid' Q3 Beat, RBC Capital Says
Oct 9, 2025
02:49 PM EDT, 10/09/2025 (MT Newswires) -- Nasdaq (NDAQ) is expected to post a solid beat when it reports Q3 results, aided by robust index growth and momentum in the Market Services business, RBC Capital said in a Thursday note. RBC said for Q3 it is modeling total revenue growth of about 11.1% to $1.31 billion and earnings per share...
Microsoft-Backed OpenAI's Sora App Reaches 1 Million Downloads
Microsoft-Backed OpenAI's Sora App Reaches 1 Million Downloads
Oct 9, 2025
02:52 PM EDT, 10/09/2025 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI's video-generating app Sora reached 1 million downloads in less than five days after launch, Sora head Bill Peebles said in a late Wednesday post on X. Sora app downloads were faster than those ChatGPT recorded at launch, despite being an invite-only app targeted at North American consumers,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved