US EditionUS 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.
8 Articles
8 Articles
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…
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.
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. Read more at straitstimes.com.
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…
Coverage Details
Bias Distribution
- 71% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
