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home / articles / gop lawmakers urge ban on chinese battery suppliers mwn benzinga


TECH - GOP Lawmakers Urge Ban On Chinese Battery Suppliers Tied To Ford Volkswagen Over Forced Labor Allegations | Benzinga

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 the world’s largest electric car battery manufacturer and a partner of Ford, while Gotion is a battery company partially owned by Volkswagen. The Republican lawmakers have accused these companies of using forced labor in their ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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