Core Viewpoint - General Motors (GM) plans to source lithium iron phosphate (LFP) batteries from CATL for the Chevrolet Bolt model, ensuring cost competitiveness for its entry-level electric vehicles by 2027 [1][4]. Group 1: Supply Chain Strategy - GM's decision reflects a strategy of relying on overseas suppliers to address domestic supply chain challenges, despite tariff issues [4]. - The partnership with CATL is a temporary measure to maintain production of the Bolt until GM can manufacture its own LFP batteries in the U.S. [4]. - This collaboration will last for two years, allowing GM to stabilize its electric vehicle supply chain and cost efficiency [4]. Group 2: Industry Trends - Ford is also collaborating with CATL to build a factory in Michigan for LFP batteries, indicating a broader trend among U.S. automakers to enhance their electric vehicle strategies [4]. - CATL has made significant progress in the U.S. market and is expanding its global footprint through partnerships with various international companies [4]. - CATL's long-term contracts for LFP cells with companies like Japan's TDK are aimed at mitigating future price volatility [4].