Thursday, July 20, 2017

Apple Said to Be Working on Electric Car Batteries

Apple Said to Be Working on Electric Vehicle Batteries© TheStreet Apple Said to Be Working on Electric Vehicle Batteries

Apple is reportedly working to produce electric car batteries with China's largest battery manufacturer, China's Yicai Global reports.

"The Cupertino-based tech titan is working with Contemporary Amperex Technology Ltd., a battery manufacturer in China's Fujian province, on a scheme based on a confidentiality agreement. The parties are working together in the field of batteries," according to the report.

Last year, Apple began working on an autonomous driving platform which CEO Tim Cook referred to as "a core technology" for the company. But, has since slowed its efforts on working on the vehicles.

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Source: Apple Said to Be Working on Electric Car Batteries

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