What Is Next for Tencent and CATL?
Both companies, like DJI, are saying that they will fight the designation.
“We are not a military company or supplier. Unlike sanctions or export controls, this listing has no impact on our business. We will nonetheless work with the Department of Defense to address any misunderstanding.” – Danny Marti, Tencent spokesperson to the Verge
CATL spokesperson Fred Zhang also spoke to The Verge insisting that the company’s inclusion was “a mistake,” and stating categorically that “CATL is not engaged in any military related activities.”
Donald Trump is soon to be back in office, and this designation was as a result of his executive order. Could this be another way of “putting America first”?
