Tesla's Chinese Battery Supplier CATL 'Open Minded' About US Expansion If Trump Welcomes Chinese Investments

Quick Summary:

What Happened: Robin Zeng, the founder and chairman of CATL, shared this perspective in a recent interview.“Originally, when we wanted to invest in the U.S., the U.S.government said no,” he said.“For me, I'm really open-minded.”

Chinese battery and electric vehicle companies have faced significant barriers in entering the U.S.market due to protectionist trade policies initiated during Donald Trump‘s first term.

Amid the evolving landscape of U.S.-China trade relations, CATL, one of the world’s largest battery manufacturer, has expressed interest in establishing a manufacturing plant in the United States.

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Article Details

Author / Journalist: Pooja Rajkumari

Category: Technology

Markets: United StatesChina

Topics: Pooja Rajkumari Tech Benzinga Benzinga neuro Stories That Matter US88160R1014 CATL EVs General Mobility News TSLA F US3453708600

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 07:47:34 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23567568

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