The world's largest EV-battery maker was just added to a Pentagon blacklist. Here's what it means.
The Department of Defense on Monday added the battery giant CATL to its list of "Chinese military companies" operating in the United States.
World's Largest EV Battery Supplier Blacklisted By U.S. Department Of Defense
Other battery suppliers do exist, but CATL still holds the largest market share. Directly behind CATL is another Chinese supplier, BYD/FinDreams, which also doubles as an EV manufacturer. Korea-based LG Energy Solution sits as the third-largest supplier, while Panasonic, a Japanese-based electronics company, is the fourth-largest.
The Pentagon says a Ford EV battery plant partner has links to the Chinese military
This has led to new criticism of the Ford Motor Company's relationship with CATL. Ford plans to license CATL's technology at the BlueOval EV battery plant it's building in Marshall. The Defense Department publishes a list of "Chinese military companies" annually, in accordance with federal law.
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 blacklists Chinese battery giant tied to Ford, Tesla
The Department of Defense added Contemporary Amperex Technology Co., or CATL, to a list of "Chinese military companies." The company is fighting the
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