According to Bloomberg News and Lianhe Zaobao of Singapore on the 20th, the US Congress has banned the Pentagon from purchasing batteries produced by six Chinese companies, including Ningde Times and BYD. The report claims that this is an attempt by the United States to further push the Pentagon supply chain to "decouple" from China.
According to the report, this provision is part of the "National Defense Authorization Act for Fiscal Year 2024" passed on December 22 last year, and the US Department of Defense will be prohibited from purchasing batteries from Ningde Times, BYD and four other Chinese companies from October 2027.
Byd CubePro lithium-ion energy storage battery equipment data source: US media
The report also said that commercial purchases by US companies will not be affected by the measures, such as Ford Motor using technology licensed by Ningde era to produce electric vehicle batteries in Michigan; Some of Tesla's batteries also come from BYD.
According to media reports, on December 22 last year, the White House issued a statement saying that US President Joe Biden had signed the National Defense Authorization Act for Fiscal Year 2024. The bill would cover $886 billion in spending, up $28 billion from last year. The grants are primarily for Defense Department programs and military construction, Energy Department National Security programs, and State Department and intelligence programs.
On December 26 of the same year, the Chinese Ministry of Foreign Affairs expressed strong dissatisfaction and firm opposition to the negative China-related provisions contained in the US National Defense Authorization Act for Fiscal Year 2024, and lodged solemn representations with the US side. We urge the US side to earnestly implement the promise made by its leaders not to support "Taiwan independence", stop manipulating the Taiwan issue and stop endangering peace and stability across the Taiwan Strait. The bill exaggerates China's threat, suppresses Chinese enterprises and restricts normal economic and trade exchanges and people-to-people exchanges between China and the US, which serves the interests of no one. The US should abandon the Cold War mentality and ideological prejudice and create a good environment for China-Us cooperation in various fields, including economy and trade.
"We urge the US side to meet China halfway, implement the important outcomes and consensus reached at the San Francisco summit, and refrain from implementing the negative China-related provisions of the bill." If the US goes its own way, China will take firm and forceful measures to firmly safeguard its sovereignty, security and development interests."
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