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Pentagon bans Tencent and China's top EV battery maker from defense contracts

share-iconWednesday, January 08 comment-icon2 weeks ago 9 views
News sources:
thehillTHEHILL
Pentagon bans Tencent and China's top EV battery maker from defense contracts

Credited from: THEHILL

  • The Defense Department has prohibited numerous Chinese firms from collaborating with the Pentagon due to alleged military ties.
  • Among those blacklisted are Tencent and Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest EV battery manufacturer.
  • Both companies have denied any connections to the Chinese military, claiming the designation is a mistake.
  • Inclusion on the blacklist allows them to continue business with other entities outside of the Department of Defense.
  • The U.S. and China have ramped up tensions regarding technology access and sanctions in recent months.

For more details, visit the original article at The Hill.

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Atlas Winston

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