Batteries
Total 24 Posts
Republican Senators Push Auto, Clean Energy Tariffs
Two Republican Senators have recently introduced legislation that would raise tariffs on imports of Chinese autos and clean energy products.
Biden Administration Warns China on Overcapacity, Dumping
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."
Chinese Battery Materials Makers Eye Overseas Investments
Two Chinese battery materials makers recently announced investment plans in Europe and Africa to meet the growing global demand.
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
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.