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Leading Chinese Battery Firm CATL Denies “Malicious” Rumors
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Leading Chinese Battery Firm CATL Denies “Malicious” Rumors

Feb 14, 2022
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Leading Chinese Battery Firm CATL Denies “Malicious” Rumors
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CATL
(Source: Electrive)

A series of rumors regarding Chinese battery firm Contemporary Amperex Technology, Co., Ltd. (CATL) have recently surfaced on digital media platforms, causing a 17% drop in the firm’s stock price last week. The reports – all of which have been denied by CATL – allege that the firm is facing new sanctions from the United States, will b…

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