The Pentagon’s updated list includes 134 companies that have some business operations within the US. CATL is licensing its battery technology to Ford for its planned $3.5 billion battery plant.
China's CATL, the largest EV battery cell manufacturer in the world, has been included in the Department of Defense's annual list of companies designated as suppliers to the Chinese military.
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of ...
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list of companies it says work with China's military, in a move set to escalate ...
The head of CATL said last year that the battery manufacturer was also working with Elon Musk to build fast-charging EV batteries. The Pentagon designation does not directly affect CATL's and ...
The Pentagon has added major Chinese tech firms, including Tencent and CATL, to its list of companies it says have ties to China’s military. (Kiichiro Sato/AP) HONG KONG — The U.S. Defense ...
Others — such as Tencent and CATL — have not faced sanctions but have come under increasing scrutiny from U.S. lawmakers in recent years as they expand their American operations. The Pentagon ...
Shares of CATL, the world's largest battery maker ... on Monday to add more Chinese companies to a list of entities the Pentagon identifies as military in nature, a reflection of its assessment ...
CATL similarly described its inclusion as "a mistake" as it "is not engaged in any military-related activities," CNBC News reported. The Pentagon published the updated Section 1260H list on Monday ...
CATL supplies Tesla, run by Trump ally Elon Musk. U.S. lawmakers had pushed the Pentagon throughout 2024 to add certain Chinese companies, including CATL, to the list. Ford is building a ...
Geopolitical risks are already playing out On Monday, the Pentagon designated two high-profile tech companies — Tencent and CATL — as Chinese military companies operating in the US.
The Pentagon has added five Chinese companies including Shenzhen-based tech giant Tencent and the world's biggest battery maker CATL to a list of mainland firms that Washington believes pose ...