Lawmakers Probe Ford Over Chinese Battery Partnership
3 Articles
3 Articles
Lawmakers Probe Ford Over Chinese Battery Partnership
Lawmakers are again scrutinizing Ford’s partnership with battery maker CATL, a designated Chinese military company, according to a Jan. 27 letter. The House Select Committee on the Chinese Communist Party (CCP) questioned Ford CEO Jim Farley as to whether the automaker is leveraging CATL partnership at the expense of receiving federal tax credits, given new federal restrictions. Ford did not respond to an inquiry from The Epoch Times by publicat…
The U.S. House Select Committee on the CCP is reviewing a battery cooperation agreement between Ford Motor Company and CATL. The agreement involves Ford using licensed CATL technology to produce lithium iron phosphate batteries and energy storage system batteries at U.S. battery manufacturing facilities.
Ford stock slips on CATL scrutiny as lawmakers probe battery, energy-storage plans
New York, Jan 28, 2026, 15:27 EST — Regular session Ford Motor (NYSE: F) shares dipped on Wednesday following criticism from a Republican House committee chair targeting the automaker’s battery deal with China’s CATL, introducing new political uncertainty to Ford’s energy-storage plans. By afternoon, the stock had fallen roughly 0.8% to $13.82. (Reuters) The letter arrives as Ford pushes to repurpose battery plants originally designed for electr…
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