"Lawmakers in Washington argue that CATL's ties to the Chinese military may result in security threats, potentially dissuading US companies from collaborating with them in the future."
"Citi estimates that CATL's electric vehicle and electric storage systems accounted for 4% and 35% of the US market in 2023, respectively, highlighting their significant market presence."
"Tesla's operations are primarily linked to CATL through its Gigafactory Shanghai, which exports vehicles to Europe and Canada, but not the US market for some time."
"Ford and General Motors are looking to adopt CATL technology for their battery production, indicating that CATL remains a key player in the automotive battery sector despite concerns."
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