By Tim Healey More rumors that Apple is working on becoming an automaker, or at least an automotive supplier, have bubbled up thanks to a report out of China.
Chinese publication Yicai Global says the tech giant is working in secret with a Chinese battery manufacturer – Contemporary Amperex Technology Ltd (CATL) – on research and development for automotive batteries.
CATL is based in China’s Fujian province. It was once part of Amperex Technology Ltd. (ATL) before splitting off. ATL is the largest battery supplier for Apple’s consumer electronics offerings. It’s been an independent manufacturer of batteries since 2011, and many of CATL’s key shareholders
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