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General Motors Co. plans to purchase electric-vehicle batteries from China to power its upcoming entry-level EV until it can procure US-made batteries through its partnership with South Korea’s LG Energy Solution. https://t.co/NwmeuwUNhK
General Motors Co. plans to purchase electric-vehicle batteries from China to power its upcoming entry-level EV until it can procure US-made batteries with South Korea’s LG Energy Solution. https://t.co/JWNUOtBq9w
Exclusive: General Motors plans to import batteries from China, despite steep tariffs imposed by President Trump, to power its second-generation Chevrolet Bolt electric vehicle https://t.co/tfxDtZMRHE
General Motors Co. plans to power its forthcoming entry-level electric vehicle—the second-generation Chevrolet Bolt—using batteries imported from China, according to people familiar with the matter. The automaker intends to rely on the Chinese cells only for the initial production run while it scales up domestic capacity. The move comes even though the United States imposed a 145% tariff on Chinese goods in April, sharply raising the cost of battery imports. GM said the arrangement is temporary and that it expects to transition to U.S.-produced batteries supplied through its partnership with South Korea’s LG Energy Solution once those facilities are operational.
