House GOP targets China connections in clean energy spending
, Reps. Cathy McMorris Rodgers, R-W.V., and Morgan Griffith, R-Va., argued Microvast could present a national security risk due to its operations in China, where foreign companies are often required to share technology with Chinese counterparts.
"The Chinese Communist Party’s laws and regulations require U.S. based businesses operating in China to partner with local Chinese entities, whereby confidential technological and proprietary business information is siphoned to the Chinese Communist Party," they wrote.The majority of world's battery manufacturing runs through China, where the government has moved aggressively to expand the country's clean energy plants.
Since coming into office last year, President Joe Biden's has called for more clean energy manufacturing facilities to be built in the United States, in order to protect against Chinese dominance over the industry and create jobs at home. When Microvast was awarded the $200 million grant in November, Wenjuan Mattis, chief technology officer at the company, said,"this grant will enable Microvast to accelerate its plans to onshore critical battery component manufacturing processes."
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Hitting back at Trump, Biden gears up for more clashes with GOPBiden is responding faster to inflammatory statements by Trump and other Republicans, preparing his reelection bid and using the House GOP as a foil.
Weiterlesen »
Biden begins Christmas with Mass and Italian dinner at White HousePresident Joe Biden and his family celebrated Christmas Eve at the White House, where he attended evening Mass.
Weiterlesen »
Mainland China reports no new COVID deaths for Dec 25 -China CDCChina reported no new COVID-19 deaths in mainland for Dec. 25, the same a day earlier, the Chinese Center for Disease Control and Prevention said on Monday.
Weiterlesen »
'What did he just say?': Tucker Carlson presents Biden's biggest blundersNew Fox Nation episode from Tucker Carlson Originals: 'The Joe Biden Christmas Special' highlights the most memorable gaffes to come from President Biden.
Weiterlesen »