Total 5 Posts
U.S. Congressional Hearing on Clean Energy Tax Credits and Benefits to China
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."
U.S. Congressman Raises Questions on Ford/CATL Deal
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
U.S. Senator Seeks Federal Review of Ford/CATL Investment
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.
Ford To Open Battery Factory in Michigan, With Technology from CATL
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.
Virginia Governor Nixes Ford/CATL Battery Factory
The Republican Governor of Virginia has blocked a potential investment by Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd (CATL) in a battery factory in Virginia. Michigan is still being considered as a location for this investment.