Total 8 Posts
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.
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.
Last week, Chairman Mike Gallagher (R-WI) and Ranking Member Raja Krishnamoorthi (D-IL) of the Select Committee on the Chinese Communist Party met with the CEOs of Ford Motor Co. and General Motors Co. and leading automotive suppliers in Detroit, Michigan, with a goal of figuring "how Congress can help the
Last week, the U.S. House Ways and Means Committee held a hearing on "The U.S. Tax Code Subsidizing Green Corporate Handouts and the Chinese Communist Party."
In a letter sent earlier this week, House Ways and Means Committee Chairman Jason Smith (R-MO) raised several questions with Ford CEO Jim Farley about the company's partnership with a Chinese company, and warned that as a result of the automaker’s use of electric vehicle tax credits in the
A Republican Senator is calling for a Committee on Foreign Investment in the United States (CFIUS) review of the licensing agreement between Ford Motor Company and Chinese company Contemporary Amperex Technology Co. Limited (CATL) that was signed earlier this week.
After Virginia abandoned its efforts to lure an investment by Ford to open a battery plant that would have licensed technology from Chinese company CATL, Michigan announced that it had reached an incentive agreement with Ford that would bring the factory there.