HONG KONG — CATL’s partnership with Ford Motor on an electric vehicle battery plant in the U.S. will not be affected by the White House’s new rules on Chinese involvement in such projects, Zeng Yuqun, the founder of the Chinese battery giant, told Nikkei Asia.
“The plant structure was designed under the definition of the foreign entity of concern (FEOC), so there will be no impact on further implementation,” Zeng said.