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flag General Motors negotiates with CATL for US-based EV battery production, partnering with TDK and expecting 1,000+ jobs.

flag General Motors (GM) is negotiating to purchase electric vehicle (EV) batteries from China's Contemporary Amperex Technology Co. (CATL), which will be assembled at a new plant in the U.S. South, managed by Japan's TDK Corporation. flag This partnership aims to create over 1,000 jobs, establish a domestic supply chain, and reduce reliance on Chinese imports. flag GM shares rose 3.82% following the news, reflecting investor optimism about the deal.

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