Chinese battery giant CATL plans to establish a production facility in the USA
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If Trump allows
In an interview with Reuters, Zeng said: “When we initially wanted to invest in the USA, we received a rejection from the government. But I always keep an open mind.” he said. Trump stated in recent months that he would block automobile imports from China, but that he was not against Chinese automobile manufacturers producing in the USA: “We will give incentives, and if China and other countries want to come here and sell cars, they will build factories here and hire our workers.” Such comments appear to have sparked Zeng’s interest in a U.S. expansion for CATL: “I hope they will be open to investments in the future,” he said.
CATL currently has a limited presence in the US market through battery production licensing agreements. FordCost-effective with CATL license for Mustang Mach-E and F-150 Lightning models lityum fosfat It is preparing to establish a factory where it will produce batteries. Tesla It also plans to produce batteries with a similar agreement. This factory is expected to be operational in 2025.
CATL, in the world electric vehicle battery market leader with 36.7 percent share It is located in. CATL, which supplies batteries to Tesla’s Shanghai factory, also supplies batteries to China-based electric vehicle manufacturers such as Nio, Li Auto and Xiaomi.
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