The Pentagon on Tuesday added Tesla battery-maker Contemporary Amperex Technology, or CATL, and internet and gaming giant Tencent Holdings to its list of companies it says have ties to the Chinese military.
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for its alleged links with the Chinese military, prompting criticism from authorities in Beijing and denial by the company.
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China’s
Tencent owns Riot Games, and Supercell, and has stakes in Reddit, Snap, and Epic Games. CATL, a key supplier to Tesla Inc. TSLA, similarly rejected the designation, stating it has “never engaged ...
The Department of Defense on Monday added the battery giant CATL to its list of "Chinese military companies" operating in the United States.
Technology company Tencent and a Tesla battery supplier were on it. The DOD has published its list of so-called Chinese military companies annually since 2021 as part of its “effort in ...
Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China.
Shares in Tencent, which owns Chinese super-app WeChat ... CATL, which supplies batteries to Tesla and plans to provide its “knowledge” and services to Ford to make lithium-ion batteries ...
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies."
The U.S. Defense Department added CATL and Tencent Holdings, to its annual list of companies alleged to have ties to China's military.
Beijing has repeatedly criticized what it sees as the over-securitisation of the US. “Small yard, high fence shouldn’t become large yard, iron curtains,” Foreign Minister Wang Yi told US State Secretary Antony Blinken in September.
Shares in Tencent, which owns Chinese super-app WeChat ... CATL, which supplies batteries to Tesla and plans to provide its “knowledge” and services to Ford to make lithium-ion batteries at a plant in Michigan, said in a statement that it “has ...