Saturday, October 1, 2022
HomeDigit NewsWhy EV makers buy batteries from other companies rather than build themselves

Why EV makers buy batteries from other companies rather than build themselves



Many, as the author of the article notes, are surprised when they find out that manufacturers of electric vehicles are purchasing batteries for them from other suppliers. And this is no coincidence.

In fact, automakers buy many other components from third-party companies besides batteries. These can be tires, shock absorbers, pumps, sensors, etc. And, in principle, manufacturers are not able to create absolutely all the parts for their cars, moreover, it rarely makes sense. For example, if you take oxygen sensors, then for their production the company would have to spend money on research and development, and also the number of machines would be produced exactly as many of these sensors would be reproduced. Therefore, it is more profitable to buy everything from third-party suppliers.

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