CATL allegedly restructures for IRA eligibility
CATL has reportedly restructured the shareholdings of two top executives to avoid a “Foreign Entity of Concern” (FEOC) designation under the Inflation Reduction Act (IRA) in the United States. CATL provided an official reason for its change in shareholdings. The Chinese battery supplier stated that the restructuring would help it adapt to changes in its … Continue reading CATL allegedly restructures for IRA eligibility
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