{"id":1980107,"date":"2023-07-22T01:21:01","date_gmt":"2023-07-22T05:21:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lawmakers-seek-review-of-fords-agreement-with-chinese-battery-maker\/"},"modified":"2023-07-22T01:21:59","modified_gmt":"2023-07-22T05:21:59","slug":"lawmakers-seek-review-of-fords-agreement-with-chinese-battery-maker","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lawmakers-seek-review-of-fords-agreement-with-chinese-battery-maker\/","title":{"rendered":"Lawmakers want to review Ford&#8217;s deal with Chinese battery maker."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Flawmakers-seek-review-of-fords-agreement-with-chinese-battery-maker%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1980107&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"post_content\">\n<div class=\"aplayer_app\" data-source=\"https:\/\/vs1.youmaker.com\/assets\/2023\/0722\/35bf98fd-de80-4f58-8acf-85f83a91ac83\/audio.mp3?length=6054093&#038;duration=504\"><\/div>\n<\/p>\n<p><strong>Lawmakers Seek to Review\u2063 License Agreement Between Ford Motor and Chinese Battery Maker<\/strong><\/p>\n<p>U.S. lawmakers are concerned about the license agreement between Ford Motor and\u2063 a Chinese battery maker,\u200d fearing that it could contribute to China&#8217;s dominance in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/georgia-joins-other-states-in-recent-announcements-to-incentivize-electric-vehicle-production\/\" title=\"Georgia Joins Other States in Recent Announcements to Incentivize Electric Vehicle Production\">electric vehicle battery technology<\/a> and increase America&#8217;s reliance on Chinese raw materials. The lawmakers also raised concerns about the Chinese battery \u2063maker&#8217;s supply chain in Xinjiang, which may <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/cbp-prevents-chinese-fishing-company-from-importing-goods-into-u-s-due-to-widespread-human-rights-abuses\/\" title=\"CBP prevents Chinese fishing company from importing goods into U.S. due to widespread human rights abuses\">involve forced labor<\/a>, potentially\u2063 violating the \u200cUyghur\u2062 Forced Labor Prevention Act.<\/p>\n<p>In February, Ford announced plans to build a new $3.5 \u2063billion plant in Marshall, Michigan, to \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/lawmakers-seek-review-of-fords-agreement-with-chinese-battery-maker\/\" title=\"Lawmakers want to review Ford's deal with Chinese battery maker.\">produce lithium-iron-phosphate batteries<\/a>. Under a licensing agreement, China&#8217;s Contemporary Amperex Technology Co. Ltd. (CATL), the world&#8217;s largest manufacturer \u2064of\u200c EV batteries, will\u2063 provide the technology, equipment, and workers. The lawmakers worry that this deal\u200d may prioritize the interests of \u200cFord and CATL over American taxpayers.<\/p>\n<p><strong>Concerns Over China&#8217;s Industrial Plan<\/strong><\/p>\n<p>The Chinese government&#8217;s industrial plan, known\u2064 as &#8220;Made in China 2025,&#8221; \u200daims to establish China&#8217;s dominance in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-launches-tsunami-of-anger-at-olympics-sponsor-intel-for-leaving-uyghur-slave-region\/\" title=\"China Launches 'Tsunami of Anger' at Olympics Sponsor Intel for Leaving Uyghur Slave Region\">high-tech manufacturing<\/a>. The EV\u2062 battery industry is a strategic sector in this plan. CATL, the Chinese battery maker involved in the Ford deal, has benefited \u2064from CCP subsidies and policies that \u200drestricted foreign competition\u2062 in the Chinese EV\u200c battery market.<\/p>\n<p>During a meeting with CATL chairman Zeng Yuqun, Chinese leader Xi Jinping advised him to have an &#8220;exit strategy&#8221; to avoid being wiped out in a competitive market. This highlights \u200dthe \u2062Chinese government&#8217;s concern about maintaining\u2063 dominance in\u200b nascent industries.<\/p>\n<p><strong>Ford&#8217;s Response to Lawmakers<\/strong><\/p>\n<p>Ford has not commented directly on the lawmakers&#8217; concerns but stated that it\u200c is reviewing the letter and will respond soon. The company\u2062 emphasized that the new battery plant in Michigan will \u200bcreate jobs, strengthen domestic manufacturing, \u2062and reduce carbon emissions. Ford sees this investment as beneficial \u2062for the\u2064 country, the planet, and its\u2062 own business.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. lawmakers aim to scrutinize Ford Motor&#8217;s license agreement with a Chinese battery maker, fearing it will bolster China&#8217;s electric vehicle battery tech dominance using American funds. They worry this deal will also heighten America&#8217;s dependence on Chinese raw materials, as stated by the lawmakers.<\/p>\n","protected":false},"author":238,"featured_media":1980108,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-1980107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1980107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/238"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1980107"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1980107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1980108"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1980107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1980107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1980107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}