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Tesla Supplier CATL Added to US List of Chinese Military Companies
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Tesla Supplier CATL Added to US List of Chinese Military Companies
Jan 7, 2025 7:08 AM

09:58 AM EST, 01/07/2025 (MT Newswires) -- Tesla (TSLA) supplier Contemporary Amperex Technology, or CATL, was added to the US Department of Defense's list of Chinese military companies, according to a Tuesday update to the list.

"CATL has never engaged in any military-related business or activities, so this designation by the Department of Defense is a mistake," the battery maker said in a statement on its website. "It does not restrict CATL from conducting business with entities other than DoD and is expected to have no substantially adverse impact on our business."

CATL said it will work with the Defense Department to address the "false designation."

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