U.S. Energy Secretary Jennifer Granholm speaks to reporters during a press briefing at the White House in Washington, U.S., June 22, 2022. REUTERS/Kevin Lamarque/File PhotoWASHINGTON, Dec 7 - Two senior Republican lawmakers on Wednesday were highly critical of the decision by the U.S. Energy Department to award $200 million to Microvast HoldingsIn October, Texas-based Microvast won a $20 million U.S. grant from the department to help build a new EV battery components plant in Tennessee.
Separators serve to separate the anode from the cathode in batteries. GM said it would contribute its advanced separator technology to the Microvast collaboration. Senator John Barrasso, the top Republican on the Energy and Natural Resources Committee, wrote Granholm in a separate letter saying that Microvast." He called the award "demonstrably antithetical" to the intent of the $1 trillion 2012 infrastructure law.
The Energy Department said "Microvast is an American battery company" and because of the grant "it no longer needs to look to China to establish its manufacturing facilities" and "will allow Microvast to build a separator production plant here at home."Microvast and General Motors did not immediately comment.
A $430 billion climate bill approved in August imposes rising sourcing requirements on battery minerals and components on a $7,500 EV tax credit and aims to phase out content from countries like China.
WTH is wrong with the WOKE extremists, don't they realize they're just helping fund China's military ? Or like everything else,.do they just not care ?😠
she needs to chill out with her facelifts or her brows will soon be on the top of her head.
Granny Granholm! Ruined Michigan now ruining the country. Is she driving electric yet and running her house on solar and wind only. Hope that charges the car! She needs to go also!
Not 'china ties', it's a primarily Chinese company, granted $200 million of American taxpayer money, more biden graft.
Pretty much everything to your underwear/panties have China ties.
Big man has to get his 10%
Criticize because they didn't get a cut?
Well, who ELSE is gonna spy on us for them? Russia’s kinda busy.