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Monday, October 25, 2021

Apple seeks LFP batteries, but talks with leading suppliers BYD and CATL have reportedly stalled

Apple CEO Tim Cook at WWDCApple is seeking lithium iron phosphate (LFP) batteries for its much-discussed EV project, but talks with major suppliers BYD and CATL have stalled, Reuters reported Friday. Talks with the two Chinese firms, which were first confirmed by White House economic advisor Jared Bernstein earlier this year, were halted over Apple's request for dedicated...

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