NVX 0.71% 70.5¢ novonix limited

Republicans argue they haven’t gone hard enough against China....

  1. Sy8
    617 Posts.
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    Republicans argue they haven’t gone hard enough against China. My point is, it’s hard to please everyone and find the middle ground. While the US govt wants to provide its citizens tax credits and cheaper EVs, it also wants security of supply in the way of a de-coupled supply chain from China. That is a difficult balancing act.

    see the quote below about the Wolf. Think that’s a cracker.


    John DeMaio, president of Hong Kong-based Graphex Group, a graphite processing company, said the new rules would help “accelerate” the company’s plans to move operations away from China, but acknowledged that they would be a “challenge” for industry to meet. “It’s very hard to completely extricate ourselves from China,” said DeMaio, whose company is building a processing facility in Michigan. “It’s kind of like holding a wolf by the ears. You don’t like it necessarily, but you can’t let it go.”



 
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