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        Ningde Times faces US ban: Chinese technology banned for electric vehicle production, tax incentives no longer available.

        Ningde Times faces US ban: Chinese technology banned for electric vehicle production, tax incentives no longer available.

        Ningde Times (CATL), a leading Chinese battery manufacturer, is facing challenges in expanding its business in the United States due to the ban on the use of Chinese technology in the production of electric vehicles (EVs) announced by the US government. This ban includes batteries made by CATL, which could have severe consequences for the company's plans to expand its business in the US, as it is one of the largest markets for EVs.
        2023-03-13
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