"In stealing trade secrets from an American electric vehicle manufacturer to use in his own China-based company, Pflugbeil's actions stood to benefit the (People's Republic of China) in a critical industry with national security implications," said Matthew Olsen, U.S. Assistant Attorney General.
Prosecutors said the two built their electric vehicle (EV) battery business on trade secrets from a 'leading U.S.-based electric vehicle company,' without disclosing the company.
Pflugbeil and Shao had worked for the unnamed Canadian company prior to Pflugbeil joining Shao's company in 2020. The company had locations in China, Canada, Germany, and Brazil, largely producing the exact same battery assembly equipment.
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