General Motors will import electric vehicle batteries from Chinese battery giant CATL, a source familiar with the matter told Reuters on Thursday. The arrangement is a stopgap for GM in the next couple of years as it works to manufacture its own lower-cost batteries made with lithium iron phosphate (LFP) chemistry,

Two-year stopgap move to power Chevy’s most affordable electric car until its venture with LG unit can increase U.S. production.

General Motors plans to import batteries from Chinese company CATL for the next-generation Chevrolet Bolt, despite high US tariffs. Sourcing LFP batteries