Hard to say because E.U. is much freer allowing Chinese...

Hard to say because E.U. is much freer allowing Chinese investment, it’s a good sign though.

In the US, the supply chain for batteries is politically charged. US Republicans are pushing further on the “foreign entity of concern” rules coming in next two years. 2024 for batteries and in 2025 for battery materials.


Smith wrote Treasury Secretary Janet Yellen Tuesday saying she should immediately issue the guidance and "make clear in the most comprehensive way possible that taxpayer subsidies cannot flow to foreign entities of concern through any structuring mechanism conceivable."

Treasury said the IRA is "encouraging investments in America and building secure supply chains rather than outsourcing to places like China" and it "will continue to assess and respond to any national security concerns associated with both international and domestic supply chains."

https://www.reuters.com/business/autos-transportation/republican-lawmaker-seeks-details-tesla-relationship-with-chinese-battery-2023-09-19/