13 Hrs
Source:
اقتصاد
America warns Ford over Chinese tech reliance
US Transportation Secretary Pete Buttigieg criticized Ford for relying on Chinese battery company CATL technology at its U.S. factories, raising concerns about national security and the independence of American supply chains. He pointed out that Ford's decisions reflect an uncomfortable dependence on Chinese state-supported firms. In response, Ford issued a statement denying the allegations, explaining that their use of the technology is limited to a licensing agreement and does not involve a joint venture or a foreign-owned factory. Despite the criticism, Ford has strengthened its position with American investments totaling $3 billion, creating 1,700 jobs. CATL supplies over 37% of the global electric vehicle battery market and provides batteries to major companies such as Tesla and BMW.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)