U.S. government policy announcement or official statement

Trump Invites Chinese EV Maker CATL to Build Battery Plant in U.S.

Nov 13, 2024, 05:33 AM

Former President Donald Trump has proposed that Chinese electric vehicle (EV) manufacturers, including battery giant CATL, could build cars in the United States to avoid tariffs on exports from Mexico. CATL's chairman, Robin Zeng, expressed willingness to invest in U.S. battery production if the Trump administration clears the way. This move aims to integrate Chinese EV makers into the U.S. market and enhance the EV supply chain domestically. CATL CHAIR: WILL BUILD US PLANT IF ALLOWED BY TRUMP, according to a Reuters report.