GM Looks to Japan’s TDK to Make US Batteries with China Tech (1)

General Motors Co. is in discussions to buy electric vehicle batteries that would use technology from China’s Contemporary Amperex Technology Co. and be assembled at a new plant slated to be built in the US, according to people familiar with the matter.

The factory would be funded and operated by TDK Corp., a Japanese company that makes components for consumer electronics, said the people, who asked not to be identified discussing information that’s private. The plant is expected to be located in the US South and may create more than 1,000 jobs, the people said.

Talks are ongoing ...