China to scrutinize Ford's EV battery deal with CATL - Bloomberg News

South Africa News News

China to scrutinize Ford's EV battery deal with CATL - Bloomberg News
South Africa Latest News,South Africa Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

China will scrutinize Ford Motor Co's latest deal with battery giant CATL to ensure the Chinese company's core technology is not shared with the U.S. automaker, Bloomberg News reported on Thursday.Beijing is concerned that the competitive aspects of CATL's technology could be given to or accessed by the D

China will scrutinize Ford Motor Co's latest deal with battery giant CATL to ensure the Chinese company's core technology is not shared with the U.S. automaker, Bloomberg News reported on Thursday.

Ford did not immediately respond to a Reuters request for a comment, while CATL could not be reached outside market hours.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Senator Rubio seeks review of Ford technology deal with China's CATLUS Senator Rubio seeks review of Ford technology deal with China's CATLWASHINGTON : Senator Marco Rubio on Tuesday asked the Biden administration to review Ford Motor's deal to use technology from Chinese battery company CATL as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan.Rubio, the top Republican on the Senate Intelligence Committ
Read more »

Tesla to halt some China production for upgrades - Bloomberg NewsTesla to halt some China production for upgrades - Bloomberg NewsTesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg News reported on Wednesday.Tesla is developing a revamped version, codenamed 'Highland', of the Model 3, which was first
Read more »

China's Sinochem weighs sale of entire 37% stake in Pirelli - Bloomberg NewsChina's Sinochem weighs sale of entire 37% stake in Pirelli - Bloomberg NewsChina's Sinochem Holdings Corp is considering selling its entire 37 per cent stake in Italian tiremaker Pirelli & C SpA, Bloomberg News reported on Wednesday, citing people familiar with the matter. The Chinese state-owned oil-to-chemicals group is in the early stages of reviewing its holding in Pirelli,
Read more »

China to resume issuing short-term visas for South Koreans starting Feb 18China to resume issuing short-term visas for South Koreans starting Feb 18The move comes after South Korea lifted similar visa curbs last week. Read more at straitstimes.com.
Read more »

Marriott expects key metric to rise in China on tourism reboundMarriott expects key metric to rise in China on tourism rebound:Marriott International Inc said on Tuesday it expects an over 30 per cent rise in its 2023 revenue per available room (RevPAR), a key measure for a hotel's top-line performance, in China from a year ago after strict COVID-19 restrictions were lifted. Shares of the company were up about 3 per cent in afterno
Read more »

'Big Short' manager Burry, Farallon among hedge funds making bets on China'Big Short' manager Burry, Farallon among hedge funds making bets on ChinaNEW YORK : 'Big Short' investor Michael Burry, Farallon Capital Management, and Coatue Management were among the prominent hedge fund managers who took large bets on Chinese companies ahead of the reopening of the country's borders in January after nearly three years of restrictions, securities filings showed on
Read more »



Render Time: 2025-04-03 14:51:46