Posted inChina

Ford-CATL deal exposes trade and tech war limits

China’s Contemporary Amperex Technology Co (CATL) will join hands with Ford Motor Co to produce lithium-iron-phosphate batteries for electric vehicles (EVs) made in Michigan, a move the Fujian-based battery maker hopes will gain and maintain market share in the fast-growing industry. Ford, the second largest EV maker in the United States after Tesla, said on […]

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