Ningde Times was included in the Chinese brand blacklist by the Pentagon
The battery giant said it has "never engaged in any military-related business or activities" go through Brad Anderson 15 hours ago The Pentagon's updated list includes 134 companies doing business within the United States. CATL is licensing its battery technology to Ford for use in its planned $3.5 billion battery factory. The news that CATL was included in the list caused its market value to drop by approximately US$4.4 billion. CATL, the world's largest maker and supplier of electric vehicle batteries, is one of several companies to be blacklisted by the Pentagon in June 2026 over alleged ties to the Chinese military. Tencent, China's largest technology company, is also on the list, meaning it will be unable to cooperate with the U.S. Department of Defense and domestic companies with military contracts. The updated list now includes 134 companies, all of which do business within the United States. CATL denies that it is a Chinese military company and says it plans…
Tesla ends $50,000 fine and blacklist threat over Cybertruck
Tesla removes clause that prevents owners from selling the Cybertruck within the first year unless the brand first offers a buyback opportunity go through Brad Anderson August 29, 2024 12:49 Tesla has removed the resale restriction clause from the Cybertruck sales agreement. Owners who resell the Cybertruck without offering Tesla a buyback could face a $50,000 fine. The electric car maker does not appear to be fining people who flip their cars. Tesla is no longer threatening to sue owners of flipped Cybertrucks and has removed a contract clause that could have also allowed the automaker to blacklist certain owners from buying future vehicles. The Cybertruck has been surrounded by controversy since its launch late last year, but nothing has irked fans more than the strict sales agreement that all new Tesla Cybertruck buyers must sign. Tesla stipulates that buyers may not sell or attempt to sell their vehicle within the first year without first giving the brand the opportunity…
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