US Senator Marco Rubio on Thursday introduced legislation that takes aim at Ford’s deal to use technology from Chinese battery company CATL as part of the automaker’s plan to spend $3.5 billion to build a battery plant in Michigan
. Rubio, the top Republican on the Intelligence Committee, introduced legislation that would block tax credits for electric vehicle batteries produced using Chinese technology, saying it would “significantly restrict the eligibility of IRA tax credits and prevent Chinese companies from benefiting.” Ford said in response to Rubio that “making those batteries here at home is much better than continuing to rely exclusively on foreign imports, like other auto companies do.
Rubio said the deal “will only deepen US reliance on the Chinese Communist Party for battery tech, and is likely designed to make the factory eligible for Inflation Reduction Act tax credits.” CFIUS is a US Treasury-led interagency panel that reviews proposed transactions to ensure they do not harm national security.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Rubio takes aim at planned Ford US battery plant using Chinese technologyU.S. Senator Marco Rubio on Thursday introduced legislation that takes aim at Ford Motor's deal to use technology from Chinese battery company CATL as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan.
Lire la suite »
Marco Rubio takes aim at planned Michigan Ford battery plant using Chinese technology - AutoblogU.S. Senator Marco Rubio introduced legislation to block tax credits for vehicles made in the U.S. using Chinese technology.
Lire la suite »
Hawley laughs off Chinese letter imploring senator to halt COVID-19 Origin Act“The Chinese government wrote to me and demanded I withdraw my Covid origins bill,” HawleyMO tweeted. “Hahaha. Not a chance.” This after a Chinese government official sent him a letter, criticizing his 'COVID-19 Origin Act' and requesting he withdraw it.
Lire la suite »
Hawley laughs off Chinese letter imploring senator to scrap COVID-19 Origin Act“The Chinese government wrote to me and demanded I withdraw my Covid origins bill,” HawleyMO tweeted. “Hahaha. Not a chance.” This after a Chinese government official sent him a letter, criticizing his 'COVID-19 Origin Act' and requesting he withdraw it.
Lire la suite »
San Antonio Book Festival's 2023 lineup to feature Rebecca Makkai, Stephen Graham Jones and moreAuthors Marytza Rubio, Matthew Desmond, Sandra Cisneros and Adam Silvera will also appear at the fest. SanAntonio SATX SanAntonioTX ThingsToDoInSanAntonio Texas
Lire la suite »