The Pentagon has added CATL, the world's largest EV battery manufacturer, to its blacklist of companies allegedly tied to the Chinese military. This designation will prevent CATL from working with the U.S. Department of Defense and local U.S. businesses with military contracts starting in June 2026. CATL denies any military involvement and plans to dispute its inclusion on the list. The news triggered a significant drop in CATL's market value.
The Pentagon 's updated list includes 134 companies that have some business operations within the US.
, the world’s largest manufacturer and supplier of EV batteries, is one of several companies that the Pentagon will blacklist in June 2026 for alleged ties to the Chinese military. Tencent – China’s largest tech firm – has also been added to the list, meaning it will be unable to work with the U.S. Department of Defense and local U.S. businesses with military contracts. The updated list now includes 134 companies, all of which have some business operations within the United States.
spokesman said the company has “never engaged in any military-related business or activities” and that being added to the Defense Department’s ‘1260H list’ “does not restrict
Pentagon CATL Chinese Military Blacklist EV Batteries US Department Of Defense Security Concerns
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