By Jiahui HuangContemporary Amperex Technology denied any connection to forced labor following allegations by a group of U.S. lawmakers who called for an import ban on the world's largest electric-vehicle battery maker. The company said the information cited in a June 5 letter by U.S. Congress members about its suppliers was inaccurate and misleading. CATL said business relations with some suppliers quoted in the letter had ended long ago, and others have "absolutely no connection to forced labor or anything that violates U.S. applicable laws and regulations." For some suppliers cited in the letter, "we have never procured any products from them and the cited information is simply wrong and misguided," it said. The entity list designates businesses the U.S. believes are involved in the use of forced labor from China's Xinjiang region.

Source: Wall Street Journal June 10, 2024 04:41 UTC