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 as a “mistake.”
The Department of Defense on Monday added the battery giant CATL to its list of "Chinese military companies" operating in the United States.
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China’s military,
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Panasonic Energy, which supplies batteries to Tesla and other automakers, is a unit of Japanese electronics giant Panasonic
Japanese trading house Marubeni has invested $5 million in British electric vehicle battery recycler Altilium and will help it to scale up operations, the companies said on Tuesday.
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The Pentagon has designated two major high-profile tech companies — Tencent and CATL — as Chinese military companies operating in the US.