IANSJul 23, 2017 18:10:18 IST
Apple is secretly working with a Chinese battery manufacturer on automotive battery research and development, indicating its continued pursuit of its electric car project.
The Cupertino-based tech giant is working with Contemporary Amperex Technology Ltd. (CATL) in China's Fujian province based on a confidentiality agreement, Shanghai-based Yicai Global reported on Thursday. "The parties are working together in the field of batteries," the report said citing unnamed sources.
Apple first announced its foray into the automotive industry with its car project in 2013 but later confined to making self-driving software for automobiles. CATL became an independent battery manufacturer in 2011 after splitting with Amperex Technology Limited (ATL), supplier for Apple's consumer electronics products.
Apple has not disclosed any news about such collaboration and CATL declined to comment on the matter, Yicai Global said.
Recently, the US-based Apple launched a campaign in China this week to promote its mobile payment platform and break the current duopoly of tech giants Tencent and Alibaba. Apple is set to offer a series of discounts of up to 50 per cent to clients who opt to pay using Apple Pay in stores, with whom it has an agreement, to increase its share in the world’s largest mobile payment market, Efe news cited Chinese financial news website Caixin as saying on Wednesday. “Our goal is for all Apple users to use Apple Pay,” Jennifer Baily, vice president of Apple Pay, told Caixin.
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