Published 8 months ago

US Republicans push for security review of China-linked battery company

Republican lawmakers have called for a security review of Gotion Inc., a China-linked EV battery producer looking to establish a presence in the United States.
The lawmakers are concerned about Gotion's ties to China's Communist Party and worry about foreign entities benefiting from U.S. Electric vehicle subsidies. They urge the Committee on Foreign Investment in the United States to review the situation and potentially require divestment.
This push for review aligns with President Joe Biden's focus on electric vehicles and batteries as critical components of transportation infrastructure. Republicans have also raised similar concerns about Tesla's relationship with Chinese battery manufacturer CATL and Ford Motor's investment with CATL.

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Reuters

US Republicans push for security review of China-linked battery company

Republican lawmakers on Wednesday urged the U.S. Treasury Department to conduct a security review over China-linked ownership of Gotion Inc, which plans to build electric vehicle battery plants in Michigan and Illinois, arguing its management is under Beijing's sway.

8 months ago·United Kingdom

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The Straits Times

US Republicans push for security review of China-linked battery company

8 months ago·Singapore

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The Daily Caller

‘Not Good For Us’: Locals Furious Over Secretive Deal With CCP-Linked Battery Firm

Residents of Manteno, Illinois were outraged when they found out local and state officials had finalized a deal with a Chinese Communist Party-linked company.

8 months ago·Washington, United States

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The Print

US Republicans push for security review of China-linked battery company

WASHINGTON (Reuters) - Republican lawmakers on Wednesday urged the U.S. Treasury Department to conduct a security review over China-linked ownership of Gotion Inc, which plans to build electric

8 months ago·New Delhi, India

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Devdiscourse

US Republicans push for security review of China-linked battery company

US Republicans push for security review of China-linked battery company Republican lawmakers on Wednesday urged the U.S. Treasury Department to conduct a security review over China-linked ownership of Gotion Inc, which plans to build electric vehicle battery plants in Michigan and Illinois, arguing its management is under Beijing's sway. The move is the latest push by Republicans to question Chinese-linked EV battery producers looking to set up…

8 months ago

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Conservative Daily News

GOP Lawmakers Demand Treasury Department Investigate ‘CCP-Affiliated’ Firm Building Battery Plants Across US

by Philip Lenczycki at CDN - Republican lawmakers sent a letter to the Treasury Department Wednesday urging it to investigate the “CCP-affiliated” Chinese parent company behind Gotion Inc., which intends to build electric battery plants in Illinois and Michigan. Florida Sen. Marco Rubio, Illinois Rep. Mike Bost and Michigan representatives John Moolenaar, Bill Huizenga and Lisa … Click to read the rest HERE-> GOP Lawmakers Demand Treasury Depa…

8 months ago

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