Anker Innovation, often hailed as a “paragon for Chinese brands venturing into the global arena,” has found itself in the midst of a storm during the autumn of 2025.
On September 18, the U.S. Consumer Product Safety Commission issued a formal notice, mandating the recall of roughly 481,000 mobile power banks manufactured by Anker. The reason? These power banks posed significant risks of overheating and catching fire. This incident represents yet another large - scale recall that Anker Innovation has had to face in the U.S. market this year.
Earlier, on September 22, the “Select Committee on China” of the U.S. House of Representatives called for a thorough investigation into Anker Innovation. The committee accused the company of dodging U.S. tariffs through tactics like re - export trade and misclassifying products. Moreover, it alleged that Anker Innovation was engaging in unfair competition by taking advantage of government subsidies.
Once this news broke, Anker Innovation's stock price took a nosedive.
On September 25, the State Administration for Market Regulation revealed that companies, Anker Innovation included, had cumulatively recalled over 1.35 million power banks with safety risks. Specifically, Anker Innovation recalled 565,000 units and issued refunds amounting to a staggering 85.664 million yuan.