CATL may be the world's largest manufacturer of battery cells for electric cars but that doesn't mean it can build a US factory.
CATL may be the world’s largest manufacturer of battery cells for electric cars but that doesn’t mean it can build a US factory.CATL is the largest battery cell manufacturer in the world, but it has no manufacturing presence in North America.
To be in a position to supply battery cells to US manufacturers like Tesla and Ford while avoiding unfavorable US policies,reports CATL is considering building a new battery factory in Mexico near the border with the United States. That way it could do business in the US without physically being in the US, thanks to NAFTA. Mexico already has a large and growing auto industry for many of the same reasons.
Texans can thank Texas governor Greg Abbott for that, after he went full Chris Christie and blocked virtually all trucks coming into Texas to score political points with his base of foaming at the mouth rabid reactionaries, a grandstanding move that may have cost the Texas economy as much as $4 billion. CATL wants no part of such shenanigans.
A CATL factory would be welcome in Mexico, which is anxious to cement its position as a major part of the auto industry’s supply chain, particularly as it relates to the manufacture of electric vehicles. CATL could also opt to manufacture battery cells in Mexico and then ship them to Kentucky to be assembled into battery packs.
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