Beijing will now require government licenses for any effort to transfer abroad the technologies crucial for producing inexpensive electric cars.
Category: Contemporary Amperex Technology Ltd
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Ford Says Battery Plant’s Tax Break Survived Republican Attacks
Slight changes to the big budget bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles.
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How Republican E.V. Cuts Could Put U.S. Carmakers Behind China
China’s lead in electric vehicle technology, which is already huge, could become insurmountable if incentive programs are slashed, auto experts and environmentalists say.
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Chinese Battery Giant Surges in Hong Kong Market Debut
Shares of the company, CATL, surged in their first day of trading. Onshore U.S. investors were blocked from buying its stock as a “decoupling” of finance continued.
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CATL Announces Major Advances in E.V. Batteries
CATL, the world’s largest maker of batteries for electric vehicles, described breakthroughs that could make E.V.s more competitive with gasoline-powered cars.
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Jack Ma and Other Chinese Business Leaders Meet With Xi Jinping
The once-sidelined Alibaba founder was among the executives who met with China’s top leader, in what was seen as a show of support for private enterprise by Beijing.
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U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.
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How China Got So Dominant in Cars and Solar
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
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China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere
More capable autonomous driving is just one way Chinese automakers are threatening to pull ahead — their E.V.s are also becoming bigger and roomier.
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Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale
A battery plant in Michigan will be smaller than planned, Ford said, citing slower E.V. demand than expected, as well as labor costs.
