Alleging links to forced labor, Republicans call for ban on companies tied to Ford, Volkswagen EVs

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GOP Lawmakers Urge Ban On Chinese Battery Suppliers Tied To Ford, Volkswagen Over Forced Labor Allegations - Ford Motor (NYSE:F), Rivian Automotive (NASDAQ:RIVN)

A group of Republican lawmakers has reportedly called for a ban on Chinese battery suppliers with connections to Ford Motor Co. (NYSE:F) and Volkswagen AG (OTC:VWAGY) over allegations of using forced labor. What Happened: The lawmakers have urged the Biden administration to add Contemporary Amperex Technology (CATL) and Gotion High-Tech to the import ban list under the Uyghur Forced Labor Prevention Act, The Wall Street Journal reported. CATL is…