The Chinese government is leveraging green energy companies in an effort to create technological dependencies and “achieve strategic, political, and intelligence advantages” over the U.S., according to a sprawling new report.
The report — published Monday by the Foundation for Defense of Democracies (FDD), a nonpartisan national security research institute — focuses particularly on the rapid ascent of Fujian, China-based electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL). With the support of China’s government, CATL dominates the global EV battery industry and has gained a substantial foothold in the U.S. market.