GOP not happy with Ford CATL partnership, strong wording re...

GOP not happy with Ford CATL partnership, strong wording re China, controlling EV supply chain. I’m waiting for news this month on the 301 Tariffs & the artificial graphite waiver due to expire this month. 25% tariff would certainly help on the offtake front.


"While Ford has labeled this project a 'commitment to American manufacturing' and asserts it will create 2,500 new American jobs, we are concerned that Ford’s partnership with a Chinese company could aid China’s efforts to expand its control over United States electric vehicle supply chains and jeopardize national security by furthering dependence on China," the Republicans stated in their letter.

"We seek to learn more about whether this partnership, and others like it, will potentially exacerbate our reliance on China. Should China gain control of domestic electric vehicle production, the United States would be exposed to serious national security risks at a time of escalating geopolitical tensions,"

https://www.foxnews.com/politics/dozens-republicans-probe-us-automaker-partnership-ccp-linked-ev-company.am