CATL Denies Allegations in US Congressional Report on Military Ties and Forced Labor
CATL refuted claims in a US congressional report that it has military connections and uses forced labor, stating the allegations are not true.
- 2026
What Happened
CATL is aware of a May 21, 2026 report from the US House Select Committee on Strategic Competition, which alleged that US banks raised billions for a Chinese military company. The report was addressed to JPMorgan and Bank of America. CATL conducted a detailed review and concluded that the specific allegations are not true or reflect misunderstandings.
CATL reiterated that it has never engaged in military-related business or used forced labor, and it follows high business and ethical standards. The company has filed an administrative reconsideration request with the US government to pursue removal from the 1260H List, countering the report's suggestion that non-response implies admission.
Why this matters
The allegations could impact CATL's business in the US and its reputation; the company is actively seeking removal from the 1260H List.
Terms in This Story
- 1260H List
- A U.S. Department of Defense list of Chinese military companies subject to certain restrictions.
- administrative reconsideration
- A formal request to a government agency to review and potentially change a previous decision.
Summarised from the linked release; details can be imperfect — always verify against the original source.