Chinese battery giant CATL hits back at Duke Energy disconnecting batteries

Reuters

Published Dec 07, 2023 01:12AM ET

Updated Dec 07, 2023 02:00PM ET

(Corrects paragraph 4 to clarify that Duke Energy (NYSE:DUK) disconnected batteries not because of its own security concerns but instead after lawmakers raised concerns)

BEIJING/SHANGHAI (Reuters) - Chinese battery giant CATL has hit back at U.S. utility firm Duke Energy's move to disconnect its batteries, saying that accusations about CATL batteries posing a potential security threat are false and misleading.

Business and products in the United States do not collect, sell, or share data in any way, the company said.

Products have passed rigorous safety and security reviews including those by U.S. authorities and businesses, it added.