You are viewing a single comment's thread from:

RE: LeoThread 2025-04-14 10:16

in LeoFinance6 months ago

“This collaboration with Kandi reflects our shared vision to globalize advanced battery manufacturing while adapting to the evolving U.S. market,” Zhiguang Hu, CEO of CBAK Energy, said in a release.

“Our expertise in cell design and production will be key to establishing a reliable local supply for emerging off-road and recreational vehicle platforms.”

The collaboration comes at a time of escalating tensions between Washington and Beijing over trade tariffs, with China recently suspending exports of several critical minerals and magnets, in a move that threatens to disrupt global supply.