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Biden admin green-lights Chinese EV battery factory in Michigan, despite local opposition

Posted on AllSides June 13th, 2023
From The Right
Tom Williams/Getty Images

The Biden administration is allowing Chinese electric vehicle battery company Gotion to move forward with construction of a facility in Michigan after a months-long national security review. 

The Committee on Foreign Investment in the United States (CFIUS) — an interagency taskforce overseen by the Department of the Treasury and tasked with reviewing certain foreign investments that may pose a national security threat — determined Tuesday that Gotion's proposed facility was not a covered real estate transaction or purchase under the Defense Production Act.

"We voluntarily submitted all the needed documents to the U.S. Department...

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https://www.foxnews.com/politics/biden-admin-green-lights-chinese-ev-battery-factory-michigan-despite-local-opposition

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