A new conspiracy theory claims President Joe Biden and his family own part of one of China's biggest lithium battery companies, despite official paperwork refuting the claim. "The Bidens own 10% of a Chinese lithium ion battery company whos (sic) stock has soared almost 300% since Biden was 'elected,'" a Sept. 6 … See more Contemporary Amperex Technology Companyis a fast-growing Chinese battery manufacturer for electric vehicles, supplying batteries to car companies including BMW, … See more We rate the claim that the Biden family owns 10% of a prominent Chinese lithium battery company FALSE, based on our research. While the White House didn't immediately respond to USA TODAY's request for comment, … See more WebJun 13, 2024 · Here is how to buy CATL stock if you’re an American investor: Purchase through Interactive Brokers: Interactive Brokers is one of the few U.S. brokerages that allow American investors to buy Chinese class A shares. Buy a battery-themed ETF that owns CATL: There are several ETFs that target the electric battery market and own shares in …
Ford sets EV battery factory plan with China
WebCATL. Contemporary Amperex Technology Co. Limited ( simplified Chinese: 宁德时代; traditional Chinese: 寧德時代; pinyin: Níngdé Shídài ), abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy ... WebJun 23, 2024 · The younger Biden still holds a 10% equity stake in Bohai Harvest RST (Shanghai) Equity Investment Fund Management Company, according to Chinese business records, despite pledges from President ... breaking news wheaton illinois 60187
This Chinese Battery Company Has Produced More Billionaires ... - Forbes
WebMay 3, 2024 · CATL’s domestic rival, Warren Buffett-backed car and battery maker BYD, is a distant second with 16% of the market. CATL’s revenue grew 10% to $7.8 billion in 2024, while its net income ... WebJan 21, 2024 · Jennifer Granholm, Joe Biden’s nominee for Secretary of Energy, holds more than $1 million worth of stock options in an electric bus and battery maker set to go public later this year. breaking news white house