GM Eyes Chinese Batteries Manufactured in US via Japan’s TDK
GM is in discussions to acquire Chinese batteries that will be produced in the United States by Japan's TDK, according to Bloomberg News. This move is seen as part of GM's strategy to enhance its battery supply chain while navigating complex international markets.
General Motors (GM) is reportedly in negotiations to purchase Chinese-made batteries, which will be produced in the United States by Japan's TDK Corporation, Bloomberg News reports.
This strategic maneuver aims to strengthen GM's battery supply chain, ensuring a reliable and efficient source to support its rapidly expanding electric vehicle lineup.
The collaboration highlights the intricate landscape of international manufacturing and supply chain logistics in the automotive industry.
(With inputs from agencies.)
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