Summary: General Motors plans to purchase lithium iron phosphate batteries from China’s CATL to power its upcoming entry-level Chevrolet Bolt EV until 2027. This decision highlights the tradeoffs automakers face when introducing affordable EV models while navigating US tariffs.

Link: https://www.businesstimes.com.sg/companies-markets/transport-logistics/gm-buy-ev-batteries-chinas-catl-low-cost-bolt-ev