The Financial Times reported today that "Washington has warned Beijing that the US and its allies will take action if China tries to ease its industrial overcapacity problem by dumping goods on international markets, according to American officials."

Two Chinese battery materials makers recently announced investment plans in Europe and Africa to meet the growing global demand.

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 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.

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

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.

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.