Leading Chinese Battery Firm CATL Denies “Malicious” Rumors

(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…