CATL’s $5B North American battery production plans land in U.S., several sites being vetted
Teslarati
MAY 6, 2022
Contemporary Amperex Technology Co (CATL) said in March 2021 that it would invest $5 billion into potential electric vehicle battery cell manufacturing sites in North America. CATL is now in talks to serve BMW AG and Ford Motor Company. Talks are currently ongoing, according to two anonymous sources.
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