Chinese firm responds to Pelosi’s visit to Taiwan

Battery maker CATL reportedly puts US factory plans on hold China’s CATL, the world’s largest battery maker, will delay a decision on building a multibillion-dollar factory in the US, due to the controversial visit by House Speaker Nancy Pelosi to Taiwan, Bloomberg reported on Tuesday. Contemporary Amperex Technology Co (CATL) was expected to announce its choice for a site in the US in the coming weeks, but will now wait until September or October, Bloomberg quoted sources familiar with the matter as saying. It was reported in May that CATL was in the final stages of vetting locations to build electric vehicle bat

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