Communist Chinese EV Battery Company

Joe Biden Approves Chinese EV Battery Factory In Michigan – Taxpayers on Hook for a National Security Risk

"A federal panel will not stop a Chinese electric vehicle battery manufacturer from setting up shop in Michigan, where $175 million in state taxpayer dollars is being lavished on the project.

The Committee on Foreign Investment in the United States, which is an interagency task force convened by the Treasury Department, said Tuesday that the project was not in its purview under the Defense Production Act, according to Fox News.

Fox reported that the corporate bylaws of the China-based parent company require the company to “carry out Party activities in accordance with the Constitution of the Communist Party of China.”

It's all about the money. Democratic Michigan Gov. Gretchen Whitmer has said the $2.4 billion project would bolster the state’s status as the “global hub of mobility and electrification."

Clean Energy Associates’ (CEA) “Energy Storage System Supplier Market Intelligence Report” asserts that the incentives offered by the Biden administration’s Inflation Reduction Act (IRA) are the catalyst for the surge of the number of North American battery factories.

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