CCP-tied electric vehicle company awarded more than $500 million in taxpayer money for second US plant

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 87%

Business News News

Business Business Latest News,Business Business Headlines

An electric vehicle battery maker with bylaws pledging allegiance to the Chinese Communist Party was welcomed with fanfare by the State of Illinois.

MICHIGAN DEMOCRAT SIGNED NDA INVOLVING CCP-TIED COMPANY, DOCUMENTS SHOW, CONTRADICTING HER PAST CLAIMS

"We believe that Gotion's battery technology will help to boost e-mobility in North America and the economic and trade exchanges between China and the U.S." And the Illinois Department of Commerce and Economic Opportunity said Gotion's total incentive package from the state is valued at $536 million in taxpayer funds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lobbyists for CCP-tied EV company funneled cash to Democrats after filing as foreign agentsDemocrats including Gov. Gretchen Whitmer and Rep. Elissa Slotkin have received money from lobbyists who represent a Chinese company developing a project in their state.
Source: FoxNews - 🏆 9. / 87 Read more »