The U.S. Congress has adopted new measures to prohibit the purchase of Chinese batteries, including those from BYD and CATL.
- Th01 29, 2024, at 6:25 pm
The U.S. Congress has prohibited the Department of Defense from purchasing batteries from six Chinese companies, including CATL and BYD, effective October 2027, aiming to decouple from China's supply chain. This part of the 2024 National Defense Authorization Act doesn't affect commercial purchases, allowing companies like Ford and Tesla to continue their collaborations. The move is aligned with efforts under the Inflation Reduction Act to phase out subsidies for electric vehicles with Chinese battery components, signaling a strategic push towards bolstering domestic manufacturing and reducing dependency on China's leading position in the global lithium battery market.
