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

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

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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.