A key partner for Elon Musk’s Tesla is threatening to sue the U.S. government over the Pentagon’s decision to blacklist it from federal contracts, blasting it a “mistake”.

CATL is licensing its battery technology to Ford for its planned $3.5 billion battery plant. News of CATL being added to the list slashed its market value by roughly $4.4 billion. CATL, the world’s ...

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 ...

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 Chinese battery manufacturer CATL was also added to the list. By Alexandra Stevenson Reporting from Hong Kong The Pentagon on Monday labeled Tencent, the Chinese social media and gaming giant ...

and CATL, the world’s largest battery maker, to a list of firms that it alleges work with China’s military. Inclusion on the Pentagon list does not result in any immediate sanctions ...

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 ...

The Pentagon removed six companies that it said ... US lawmakers have advocated for including the battery maker CATL on the CMC list for most of 2024. The decision was prompted by Ford's plan ...

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.

CATL, the world's largest battery company, was added to the Pentagon blacklist on Monday. It's unlikely to affect CATL much but could lay the groundwork for more sanctions under Trump. A key Tesla ...