Batteries
Total 14 Posts
Ford Battery Investment Using CATL Technology To Be Paused
Yesterday, news reports indicated that Ford Motor Co. would temporarily halt construction of a $3.5 billion electric vehicle battery plant project in Michigan that would see Ford rely on technology from Chinese company CATL.
U.S. Senator, Representatives Call for CFIUS Investigation of Gotion
U.S. Senator Marco Rubio (R-FL), U.S. Representative John Moolenaar (R-MI), and several other House Republicans from Michigan and Illinois sent a letter to Secretary of the Treasury Janet Yellen, "urging the Committee on Foreign Investment in the United States (CFIUS) to review the ownership of Gotion, Inc."
U.S. House CFIUS Hearing Touches on Chinese Battery Investments in U.S.
At a U.S. House of Representatives hearing yesterday on "Oversight of the Committee on Foreign Investment in the United States (CFIUS) and Other Efforts to Strengthen National Security in the United States," Congressman Bill Huizenga (R-MI) had two exchanges with Assistant Secretary of the Treasury Department Paul Rosen on
Gotion To Build Electric Vehicle Batteries in Illinois
A Chinese company's investment in a battery-making facility in the state of Illinois has just been announced, even as a similar investment in Michigan continues to generate controversy.
Members of Congress Press Ford on CATL Battery Deal
Key members of Congress continue to push automaker Ford on an agreement it reached with Chinese company Contemporary Amperex Technology Co., Limited (CATL) to work together on a Michigan battery factory.
WTO Trade In Goods Council April Meeting Deals with EV Subsidies, Semiconductor Measures, Other China Trade Issues
At the April 3 and 4, 2023 meeting of the WTO Council for Trade in Goods, for which the minutes have now been circulated, a number of issues were raised by China in relation to other Members (including the U.S. Inflation Reduction Act and semiconductor subsidies/export controls), and
A Run-down of Elon Musk's China Trip
Tesla CEO Elon Musk just finished a high-profile trip to China amidst fraught U.S.-China relations. Here is a run-down of the people he met and the issues he discussed over his three-day visit.