Ford accused of using relationship with Chinese CATL to undermine the IRA legislation

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Written By Jennifer Joslyn

🤝 Ford accused of using relationship with Chinese CATL to undermine the IRA legislation.

Virginia Governor Glenn Youngkin is speaking out after withdrawing his state from consideration for the highly-anticipated electric-vehicle battery plant as a joint venture between Ford Motor Co. and Contemporary Amperex Technology Co. Ltd. (CATL). Youngkin claims that CATL and the Chinese Communist Party are being used by Ford Motor Co. to benefit from the direct subsidies for EVs and batteries made in North America under the recently passed Inflation Reduction Act. Youngkin says he would’ve welcomed Ford to his state if the company was not partnering with a company that is “controlled by the Chinese Communist Party.”

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Jennifer Joslyn
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