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Pentagon stings Chinese EV battery maker whose tech Ford plans to use at Marshall plant
But spokesman Mark Truby noted that the Marshall site will be a Ford-owned plant with Ford employees. In the past, Ford has said that it believes licensing the technology from CATL and manufacturing the batteries in Michigan will support a strong U.S. manufacturing base and is preferable to importing batteries from China.
Pentagon to blacklist Chinese EV battery maker that supplies Tesla, has deal with Ford
Ford has a licensing agreement to manufacture electric vehicle batteries with technology from a Chinese company that's under scrutiny at the Pentagon.
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
The world’s biggest maker of electric-vehicle batteries and a supplier to Tesla has been meeting banks in recent weeks as it draws up plans for a secondary listing in Hong Kong. The initial public offering would give it access to offshore funds as it seeks to expand overseas, and Morgan Stanley has estimated it could raise up to $7.7bn.
The world's largest EV battery maker was just added to a Pentagon blacklist. Here's what it means.
The Department of Defence added battery giant CATL to its list of "Chinese military companies" operating in the United States on Monday.
14h
China Renews Car Trade-In Subsidy to Boost Hybrid, EV Sales
China has renewed a trade-in subsidy of up to 20,000 yuan ($2,730) to help underpin sales of fuel-efficient vehicles, ...
1h
China Market Update: NDRC Holds Press Conference On Trade-In Subsidies, Mainland Investors Buy
Asian equities were mixed but mostly lower overnight as Singapore and Korea outperformed and Pakistan and Hong Kong ...
5d
on MSN
China is driving an electric vehicle revolution. But is it good news for the climate?
But today, China is also the biggest global exporter of electric vehicles (EVs). Following an astonishing 13,300 per cent ...
1d
on MSN
Tesla battery cell partner CATL threatens to sue Pentagon after landing on China ‘blacklist’
A key partner for Elon Musk’s Tesla is threatening to sue the U.S. government over the Pentagon’s decision to blacklist it ...
8h
How Washington's tag on China's CATL could affect Tesla
Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a ...
5d
on MSN
China proposes fresh export curbs on EV technology
Beijing is planning to curb the export of technology used to extract minerals critical for the growth of the global electric ...
2d
on MSN
XPeng, Volkswagen Team Up to Build Super-Fast EV Charging Network in China
XPeng and Volkswagen will work together to build a network of more than 20,000 charging units to be installed in 420 cities.
2h
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,150 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,375 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,502 BMI Nickel ...
6d
on MSN
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only ...
MotorTrend on MSN
2h
Chinese EV Startup Zeekr Could Make Western Carmakers Nervous
The Chinese brand, sister to Volvo and Polestar, touts performance, and a partnership with Waymo, at CES 2025.
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CATL
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